ADT Inc. (NYSE:ADT – Get Free Report) announced a quarterly dividend on Monday, March 2nd. Investors of record on Thursday, March 12th will be paid a dividend of 0.055 per share by the security and automation business on Thursday, April 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Thursday, March 12th.
ADT has decreased its dividend by an average of 0.2%annually 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% indicating that its dividend is sufficiently covered by earnings. Equities research 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 3.7%
ADT stock opened at $6.86 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 0.67 and a debt-to-equity ratio of 1.99. ADT has a twelve month low of $6.65 and a twelve month high of $8.94. The stock has a market capitalization of $5.62 billion, a price-to-earnings ratio of 10.39 and a beta of 1.00. The firm’s fifty day simple moving average is $7.98 and its two-hundred day simple moving average is $8.29.
About ADT
ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.
Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.
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