Chemed (CHE) Stock

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) has announced that it will participate in the BofA Securities 2024 Virtual Home Care Conference on Tuesday, December 10, 2024, at 1:20 PM (ET). The presentation will be available to watch live on the Chemed website, along with the related materials. A replay of the webcast will be accessible within 24 hours and will remain available for 90 days.

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE:CHE) has announced that its Board of Directors has approved an extra $300 million for stock buybacks as part of its current repurchase program. The company will finance these buybacks using cash from its operations and its revolving credit line. Additionally, the Board has declared a quarterly cash dividend of 50 cents per share on the company's stock.

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) has announced that it will present at the UBS 2024 Global Healthcare Conference on Tuesday, November 12, 2024, around 2:45 p.m. (ET) at the Terranea Resort in Rancho Palos Verdes, California. The presentation will be available to watch live online, and the materials can be found on the Chemed website at www.chemed.com (Investor Relations). A replay of the webcast will be accessible within 24 hours after the event.

Chemed's VITAS division has shown strong revenue growth and improved profit margins in the third quarter of 2024.

The Investment Committee has shared their favorite stocks to keep an eye on for the second half of the year.

CINCINNATI--(BUSINESS WIRE)--Chemed Corporation (NYSE: CHE) has announced that it will share its financial results for the third quarter, which ended on September 30, 2024, on Tuesday, October 29, 2024, after the New York Stock Exchange closes. The company will hold a conference call and webcast at 10 a.m. ET on Wednesday, October 30, 2024, to discuss these results and give a business update. Participants can join the live webcast of the call.

Chemed (CHE) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Chemed shows strong economic qualities, currently valued lower than in the past. The company is very profitable and generates high returns on the capital used in its operations. The management has plenty of opportunities to reinvest extra funds and increase the company's true value.

In July, Morningstar.com released an intriguing article about the ongoing long-term health care crisis. It highlighted that Americans spent $245 billion on long-term care services, including paid caregivers, nursing homes, and other types of assistance.