ADT Inc (NYSE:ADT) announced a quarterly dividend on Wednesday, August 5th, Zacks reports. Shareholders of record on Friday, September 18th will be given a dividend of 0.035 per share by the security and automation business on Friday, October 2nd. This represents a $0.14 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date is Thursday, September 17th.

ADT has decreased its dividend by 36.4% over the last three years and has raised its dividend annually for the last 1 consecutive years. ADT has a dividend payout ratio of 12.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ADT to earn $0.99 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 14.1%.

Shares of ADT stock opened at $10.80 on Wednesday. The stock has a 50 day simple moving average of $10.93 and a 200-day simple moving average of $7.51. ADT has a 12-month low of $3.40 and a 12-month high of $17.21. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.53 and a quick ratio of 0.39.

ADT (NYSE:ADT) last issued its earnings results on Wednesday, August 5th. The security and automation business reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.34). The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.26 billion. ADT had a negative return on equity of 4.99% and a negative net margin of 12.47%. Sell-side analysts expect that ADT will post 1.07 earnings per share for the current year.

ADT has been the subject of a number of analyst reports. Citigroup cut their target price on ADT from $15.00 to $13.50 and set a “neutral” rating for the company in a research note on Tuesday, August 11th. Deutsche Bank raised their price objective on ADT from $7.00 to $11.00 and gave the company a “hold” rating in a research note on Tuesday, August 4th. Zacks Investment Research raised ADT from a “sell” rating to a “hold” rating in a research note on Friday, August 28th. Goldman Sachs Group raised their price objective on ADT from $9.00 to $17.00 in a research note on Tuesday, August 4th. Finally, Royal Bank of Canada raised their price objective on ADT from $10.00 to $16.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. They noted that the move was a valuation call. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. ADT presently has a consensus rating of “Hold” and a consensus target price of $11.86.

ADT Company Profile

ADT Inc provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers. The company primarily offers monitored security and automation solutions, including the installation and monitoring of security and premises automation systems designed to detect intrusion, control access, sense movement, smoke, fire, carbon monoxide, flooding, temperature, and other environmental conditions and hazards; and address personal emergencies such as injuries, medical emergencies, or incapacitation.

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Dividend History for ADT (NYSE:ADT)

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