Rollins, Inc. (NYSE:ROL) Plans $0.18 Quarterly Dividend

Rollins, Inc. (NYSE:ROL) announced a quarterly dividend on Tuesday, July 21st. Investors 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) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, August 10th.

Rollins has increased its dividend payment by an average of 0.2%per year 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% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Rollins to earn $1.40 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 52.1%.

Rollins Trading Down 2.0%

NYSE ROL opened at $43.85 on Wednesday. The firm has a market cap of $21.11 billion, a P/E ratio of 40.23, a P/E/G ratio of 2.75 and a beta of 0.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.65 and a quick ratio of 0.59. The stock’s 50-day moving average is $46.87 and its 200-day moving average is $54.12. Rollins has a one year low of $41.50 and a one year high of $66.14.

Rollins (NYSE:ROL) last issued its quarterly earnings data on Wednesday, April 22nd. The business services provider reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. The business had revenue of $906.42 million for the quarter, compared to analyst estimates of $895.17 million. Rollins had a net margin of 13.77% and a return on equity of 38.37%. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. Sell-side analysts anticipate that Rollins will post 1.24 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. DV Equities LLC bought a new position in Rollins during the fourth quarter worth about $25,000. Cornerstone Planning Group LLC increased its holdings in shares of Rollins by 528.4% during the 4th quarter. Cornerstone Planning Group LLC now owns 421 shares of the business services provider’s stock worth $26,000 after acquiring an additional 354 shares during the last quarter. Torren Management LLC bought a new stake in Rollins in the 4th quarter valued at $36,000. Fideuram Asset Management Ireland dac acquired a new stake in Rollins during the 4th quarter valued at $43,000. Finally, Quarry LP boosted its position in Rollins by 155.2% during the fourth quarter. Quarry LP now owns 740 shares of the business services provider’s stock worth $44,000 after purchasing an additional 450 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

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.