Chemed Corporation (CHE, Financial) (CHE - $433.20 – NYSE) is one of the largest providers of Hospice services through its VITAS segment and provides plumbing, drain cleaning, and water restoration services through its Roto-Rooter segment. Chemed has held up relatively well during the market selloff given the durability of its two business segments, neither of which is likely to see negative impacts from the COVID-19 pandemic. The hospice segment may see a pickup in admissions as a result of the virus. The balance sheet is in great shape and the company recently authorized a $250 million stock repurchase program.
From Keeley Asset Management's Small Cap Dividend Value Fund first-quarter 2020 shareholder commentary.
