Thursday marks the last chance for investors to receive the next dividend payout from Chemed CHE.
The company announced on Friday that it would pay shareholders a quarterly dividend of 38 per share. On Friday, Chemed will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 38 lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own CHE as of the end of Thursday's session are eligible to receive the 38 dividend payout for every share that they own.
According to the company, this dividend will be paid out to shareholders on September 02, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.
Click here to find details on Chemed's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.