Rollins Hikes Quarterly Dividend to 20 Cents

Shareholders of pest control giant Rollins are set for a payout boost following the board’s decision to lift the quarterly dividend by 9.6%. The move elevates the distribution from 18.25 cents to 20 cents per share, reflecting a steady climb in capital returns for the company's investors.

Today, 00:54· Money Talk· 509 reads

Rollins Hikes Quarterly Dividend to 20 Cents

This latest adjustment brings the annual dividend to 80 cents per share. At the most recent closing price of $33.34, the stock now carries a yield of 2.4%. The company, which owns major industry players such as Orkin, Clark Pest Control, and Northwest Exterminating, previously raised its payout from 16.5 cents to 18.25 cents in October of last year.

Rollins maintains a diverse portfolio of service brands, including Crane Pest Control, Industrial Fumigant Co., and Western Pest Services. The dividend increase underscores the firm's ongoing commitment to returning cash to shareholders as it continues to manage its extensive network of pest control operations across various markets.

Rollins Hikes Quarterly Dividend to 20 Cents

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