Rollins, Inc. (ROL) to Issue Quarterly Dividend of $0.18 on March 10th

Rollins, Inc. (NYSE:ROL) announced a quarterly dividend on Thursday, January 22nd. Stockholders of record on Wednesday, February 25th will be given a dividend of 0.1825 per share by the business services provider on Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, February 25th.

Rollins has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 4 years. Rollins has a dividend payout ratio of 58.9% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Rollins to earn $1.22 per share next year, which means the company should continue to be able to cover its $0.73 annual dividend with an expected future payout ratio of 59.8%.

Rollins Price Performance

Shares of Rollins stock opened at $62.89 on Friday. The stock has a market cap of $30.48 billion, a price-to-earnings ratio of 58.78 and a beta of 0.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.71 and a current ratio of 0.77. The stock has a 50 day moving average price of $60.62 and a 200-day moving average price of $58.30. Rollins has a one year low of $48.17 and a one year high of $63.56.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. Rollins had a return on equity of 37.60% and a net margin of 14.02%.The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period last year, the company earned $0.29 earnings per share. Rollins’s revenue was up 12.0% on a year-over-year basis. Equities analysts expect that Rollins will post 1.09 EPS for the current year.

About Rollins

Rollins, Inc (NYSE: ROL) is a provider of pest and termite control services operating through a network of subsidiaries and franchises. Headquartered in Atlanta, Georgia, the company offers a broad range of pest management solutions for both residential and commercial customers, positioning itself as a specialist in protecting property and public health from pests and vectors.

Its service offerings include general pest control, termite inspection and treatment, bed bug remediation, mosquito and vector control, wildlife exclusion, and related specialty services.