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

Rollins, Inc. (NYSE:ROL) declared a quarterly dividend on Tuesday, July 21st. Shareholders of record on Monday, August 10th will be paid a dividend of 0.1825 per share by the business services provider on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, August 10th.

Rollins has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 4 years. Rollins has a dividend payout ratio of 58.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Rollins to earn $1.30 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 56.2%.

Rollins Stock Performance

Shares of NYSE:ROL opened at $37.81 on Friday. The firm has a market cap of $18.19 billion, a PE ratio of 34.37, a price-to-earnings-growth ratio of 4.02 and a beta of 0.75. The firm’s 50 day simple moving average is $43.29 and its 200-day simple moving average is $52.17. Rollins has a one year low of $36.35 and a one year 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.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). Rollins had a net margin of 13.55% and a return on equity of 38.81%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the firm posted $0.30 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. As a group, equities analysts predict that Rollins will post 1.19 EPS for the current year.

Institutional Trading of Rollins

Institutional investors have recently modified their holdings of the company. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Rollins during the 2nd quarter valued at $88,000. JLB & Associates Inc. purchased a new position in Rollins during the 2nd quarter worth $13,303,000. Cornerstone Advisors LLC purchased a new position in Rollins during the 2nd quarter worth $12,272,000. BlackRock Inc. acquired a new position in Rollins during the 2nd quarter valued at about $1,204,334,000. Finally, Deutsche Bank AG acquired a new position in Rollins during the 2nd quarter valued at about $60,657,000. 51.79% of the stock is currently owned by institutional investors.

Rollins Company Profile

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.