$ROL (-0,15 %) Rollins, a global provider of consumer and business services with a market capitalization of $23.5 billion, has announced a 10 percent increase in its regular quarterly cash dividend. The dividend, which has been raised to $0.165 per share, is scheduled to be paid on March 10, 2025 to shareholders of record on February 25, 2025. According to data from InvestingPro, this marks the 22nd consecutive year that the company has increased its dividend, which is a remarkable track record of increasing shareholder returns.
This increase represents a significant increase over the dividend paid in the same quarter last year and brings the current dividend yield to 1.36 percent. Rollins, Inc. known for its extensive portfolio of pest control services, operates under a number of brands that include household names such as Orkin and HomeTeam Pest Defense. The company employs over 20,000 people and serves more than 2.8 million customers across multiple continents, including North America, South America, Europe, Asia, Africa and Australia. With impressive gross profit margins of 52.6 percent and sales growth of 11.1 percent over the last twelve months, Rollins demonstrates strong operational efficiency.
Rollins' network includes more than 800 locations and its services are critical for termite damage, rodent and insect protection. The company's growth and consistent dividend payments reflect its position in the market and its commitment to creating value for its shareholders.
