Chemtrade Logistics Income Fund (TSE:CHE) to Issue $0.06 Monthly Dividend

Chemtrade Logistics Income Fund (TSE:CHE) announced a monthly dividend on Wednesday, September 18th, Zacks reports. Investors of record on Friday, September 27th will be given a dividend of 0.055 per share on Thursday, October 31st. This represents a $0.66 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, September 27th.

Chemtrade Logistics Income Fund Price Performance

Chemtrade Logistics Income Fund (TSE:CHE) last posted its earnings results on Wednesday, August 14th. The company reported C$0.12 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.15 by C($0.03). The firm had revenue of C$448.10 million during the quarter, compared to the consensus estimate of C$437.20 million.

About Chemtrade Logistics Income Fund

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in two segments, VITAS and Roto-Rooter. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees.