ADT Inc. to Issue Quarterly Dividend of $0.06 (NYSE:ADT)

ADT Inc. (NYSE:ADT) declared a quarterly dividend on Tuesday, November 4th. Shareholders of record on Thursday, December 11th will be given a dividend of 0.055 per share by the security and automation business on Thursday, January 8th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, December 11th.

ADT has decreased its dividend by an average of 0.2%per year over the last three years and has raised its dividend every year for the last 1 years. ADT has a payout ratio of 23.7% meaning its dividend is sufficiently covered by earnings. Analysts expect ADT to earn $0.79 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 27.8%.

ADT Trading Down 8.1%

ADT stock traded down $0.72 during trading hours on Tuesday, hitting $8.08. The stock had a trading volume of 16,338,098 shares, compared to its average volume of 13,358,922. The company has a quick ratio of 0.37, a current ratio of 0.46 and a debt-to-equity ratio of 1.84. The stock has a market cap of $6.71 billion, a price-to-earnings ratio of 12.23 and a beta of 1.00. ADT has a one year low of $6.71 and a one year high of $8.94. The business’s 50 day simple moving average is $8.68 and its 200-day simple moving average is $8.47.

ADT (NYSE:ADT) last issued its quarterly earnings data on Friday, April 22nd. The security and automation business reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $1.31 billion during the quarter. ADT had a net margin of 12.30% and a return on equity of 18.58%. On average, equities analysts predict that ADT will post 0.7 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ADT. Harbor Capital Advisors Inc. bought a new position in shares of ADT in the third quarter worth $25,000. GAMMA Investing LLC boosted its position in shares of ADT by 69.5% during the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after acquiring an additional 1,329 shares during the last quarter. Quent Capital LLC purchased a new stake in shares of ADT during the 3rd quarter valued at $28,000. WPG Advisers LLC raised its position in ADT by 54.3% during the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after purchasing an additional 1,440 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of ADT by 39.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after buying an additional 1,240 shares in the last quarter. 87.22% of the stock is owned by institutional investors.

ADT Company Profile

ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.