Rollins, Inc. (NYSE:ROL) to Issue Quarterly Dividend of $0.18

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

Rollins has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 4 years. Rollins has a payout ratio of 58.9% meaning its dividend is sufficiently covered by earnings. Research 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

NYSE ROL traded down $0.05 during trading hours on Friday, reaching $63.27. 249,451 shares of the stock traded hands, compared to its average volume of 2,032,098. The company has a market cap of $30.66 billion, a price-to-earnings ratio of 59.11 and a beta of 0.79. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.77 and a quick ratio of 0.71. Rollins has a 1 year low of $48.17 and a 1 year high of $63.56. The stock has a 50 day simple moving average of $60.52 and a two-hundred day simple moving average of $58.25.

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