Rollins, Inc. (NYSE:ROL) Plans Dividend Increase – $0.20 Per Share

Rollins, Inc. (NYSE:ROL) announced a quarterly dividend on Tuesday, October 20th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.20 per share by the business services provider on Thursday, December 10th. This represents a $0.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, November 10th. This is a 9.6% increase from Rollins’s previous quarterly dividend of $0.1825.

Rollins has increased its dividend payment by an average of 0.2% annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Rollins has a dividend payout ratio of 58.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Rollins to earn $1.28 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 57.0%.

Rollins Trading Up 0.6%

Shares of ROL stock traded up $0.20 during mid-day trading on Wednesday, hitting $33.53. The company’s stock had a trading volume of 1,553,556 shares, compared to its average volume of 4,516,296. The company’s fifty day simple moving average is $33.82 and its 200-day simple moving average is $42.88. Rollins has a 52 week low of $29.28 and a 52 week high of $66.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.58 and a current ratio of 0.63. The company has a market cap of $16.14 billion, a PE ratio of 30.50, a P/E/G ratio of 3.63 and a beta of 0.73.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, July 22nd. The business services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the company earned $0.30 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. As a group, equities research analysts expect that Rollins will post 1.16 earnings per share for the current fiscal year.

Rollins Company Profile

Rollins, Inc is a provider of pest and termite control services for residential and commercial customers. The company offers protection against common pests such as ants, cockroaches, rodents, termites, mosquitoes and bedbugs, along with wildlife control and other specialty services.

Rollins serves customers through a portfolio of regional and international brands, including Orkin, the company’s best-known pest control business; HomeTeam Pest Defense; Western Pest Services; Critter Control; and other local and specialized operations.