Rollins (ROL) Declares $0.1825 Quarterly Dividend with 1.15% Yield
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: seekingalpha
- Quarterly Dividend Announcement: Rollins has declared a quarterly dividend of $0.1825 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flows despite concerns over its high valuation.
- Yield Analysis: The forward yield of 1.15% reflects the company's shareholder return strategy in the current economic environment, aimed at attracting long-term investors amidst market volatility.
- Shareholder Record Dates: The dividend will be payable on March 10, with a record date of February 25 and an ex-dividend date also on February 25, ensuring shareholders receive their returns promptly.
- Market Reaction: While Rollins' stock continues to rise, analysts remain divided on its high valuation, with some recommending a sell, which could impact future investor confidence and market performance.
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Analyst Views on ROL
Wall Street analysts forecast ROL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ROL is 67.90 USD with a low forecast of 55.00 USD and a high forecast of 72.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 62.830
Low
55.00
Averages
67.90
High
72.00
Current: 62.830
Low
55.00
Averages
67.90
High
72.00
About ROL
Rollins, Inc. is a global consumer and commercial services company. The Company provides essential pest and wildlife control services and protection against termite damage, rodents, and insects to both residential and commercial customers through its subsidiaries and independent franchises located in over 70 countries, including in the United States, Canada, Australia, Europe, and Asia with international franchises in Canada, Central and South America, and others. It operates under one segment, including its three service offerings: Residential service includes pest control services protecting residential properties from common pests, including rodents, insects, and wildlife; Commercial services consist of workplace pest control solutions for customers across diverse end markets, such as healthcare, food service, and logistics, and Termite and Ancillary services offer termite protection services and ancillary services for both residential and commercial customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rollins (ROL) Declares $0.1825 Quarterly Dividend with 1.15% Yield
- Quarterly Dividend Announcement: Rollins has declared a quarterly dividend of $0.1825 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flows despite concerns over its high valuation.
- Yield Analysis: The forward yield of 1.15% reflects the company's shareholder return strategy in the current economic environment, aimed at attracting long-term investors amidst market volatility.
- Shareholder Record Dates: The dividend will be payable on March 10, with a record date of February 25 and an ex-dividend date also on February 25, ensuring shareholders receive their returns promptly.
- Market Reaction: While Rollins' stock continues to rise, analysts remain divided on its high valuation, with some recommending a sell, which could impact future investor confidence and market performance.
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ROLLINS INC: UBS INCREASES TARGET PRICE TO $65, UP FROM $61
- Price Increase Announcement: Rollins Inc. has raised its target price from $61 to $65.
- Market Implications: This adjustment reflects the company's positive outlook and potential growth in the market.
Continue Reading