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

Rollins, Inc. (NYSE:ROL) announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Monday, May 11th will be paid a dividend of 0.1825 per share by the business services provider on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, May 11th.

Rollins has raised its dividend payment by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Rollins has a payout ratio of 58.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Rollins to earn $1.39 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 52.5%.

Rollins Stock Down 1.1%

NYSE:ROL opened at $53.79 on Friday. The stock has a 50-day simple moving average of $55.42 and a 200 day simple moving average of $58.59. Rollins has a 52-week low of $52.32 and a 52-week high of $66.14. The company has a market cap of $25.90 billion, a PE ratio of 49.35, a PEG ratio of 3.35 and a beta of 0.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.59 and a current ratio of 0.65.

Rollins (NYSE:ROL) last issued its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The company had revenue of $906.42 million during the quarter, compared to analysts’ expectations of $895.17 million. During the same period last year, the business earned $0.22 EPS. The business’s quarterly revenue was up 10.2% on a year-over-year basis. On average, sell-side analysts expect that Rollins will post 1.24 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.