Rollins - ROL STOCK NEWS

Rollins, Inc. (NYSE: ROL) announced a quarterly cash dividend of $0.08 per share, payable on March 10, 2021. Stockholders of record will be confirmed as of the close of business on February 10, 2021. The company is a global leader in consumer and commercial pest control services, operating over 700 locations across multiple continents, servicing more than two million customers. This dividend declaration reflects the company's commitment to returning value to its shareholders.

Rollins, Inc. (NYSE: ROL) will announce its unaudited financial results for Q4 and the full year 2020 on January 27, 2021. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time to discuss the results. Interested participants can join by calling 1-877-407-9716 (domestic) or 1-201-493-6779 (international) using conference ID 13714448. A replay will be available until February 3, 2021. Rollins, a leading global pest control services company, operates numerous brands and serves over two million customers worldwide.

Rollins, Inc. (NYSE: ROL) has announced the election of Patrick Gunning to its Board of Directors, succeeding Jimmy Williams, who retires after 42 years of service. Gunning, who has extensive experience in financial management, previously served as CFO of the Robert W. Woodruff Arts Center and held multiple leadership roles at Ernst & Young. He is a Certified Public Accountant and brings valuable expertise in financial reporting, capital markets, and mergers. The management transition aims to strengthen the board's strategic capabilities.

Rollins, Inc. (NYSE:ROL) has announced the election of Susan Bell to its Board of Directors, effective January 1, 2021. Bell succeeds Bill Dismuke, who is retiring. With a 36-year career at Ernst and Young, Bell brings extensive experience in audit, risk advisory, and financial services. She is a Certified Public Accountant and has served in various leadership roles, demonstrating expertise in enterprise risk management, compliance, and financial systems. CEO Gary W. Rollins emphasized that Bell's diverse experience will be critical in shaping the company's future.

Rollins, Inc. (NYSE: ROL) reported a 4.9% increase in total revenue for Q3 2020, reaching $583.7 million compared to $556.5 million in Q3 2019. The company’s EPS was $0.24 with adjusted EPS at $0.26, showing improvement from $0.13 and $0.22 respectively in the prior year. Net income grew to $79.6 million from $44.1 million. Residential revenue increased 10.6%, offsetting commercial impacts. The company attributed profit gains to cost containment, routing enhancements, and lower fuel prices, though PPE expenses partially offset savings.

Rollins (NYSE: ROL) announced the retirement of long-serving board member Bill J. Dismuke, who contributed 36 years of leadership since 1984. Jerry W. Nix has been appointed to the board, bringing extensive financial expertise from his tenure as former CFO of Genuine Parts Company. Nix's appointment is expected to benefit Rollins with his diverse experience in finance and management. The company, a global leader in pest control services, operates under various brands, serving millions of customers across multiple continents.

Rollins, Inc. (NYSE:ROL) has announced a three-for-two stock split approved by its Board of Directors, effective December 10, 2020. Shareholders of record as of November 10, 2020, will receive one additional share for every two shares held, with cash paid for fractional shares. Additionally, the company declared a regular quarterly cash dividend of $0.08 per share and a special year-end dividend of $0.13 per share, both payable on December 10, 2020.

Orkin has published its annual Top 50 Rattiest Cities List, revealing Chicago as the top city for the sixth consecutive year. The list is based on rodent treatments conducted from September 1, 2019, to August 31, 2020. Baltimore joins the Top 10 at eighth place, while San Diego climbs to 19th. Increased rodent visibility has raised concerns, particularly due to pandemic-related changes in food availability. Rodents can cause significant structural damage and health risks, making prevention crucial as colder months approach. Homeowners are advised to take proactive measures to avoid infestations.

Rollins, Inc. (NYSE: ROL) announced it will release its unaudited third quarter and nine months financial results for the period ending September 30, 2020 on October 28, 2020. The company will host a conference call on the same day at 10:00 AM ET to discuss its financial and operating results. Interested parties can join the call by dialing 1-877-407-9716 (domestic) or 1-201-493-6779 (international) with the conference ID 13710819. A replay will be available until November 4, 2020.