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ROLLINS, INC. ANNOUNCES 10 PERCENT INCREASE IN REGULAR QUARTERLY CASH DIVIDEND

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Rollins, Inc. (NYSE:ROL), a leading global consumer and commercial services company, has announced a 10 percent increase in its regular quarterly cash dividend. The Board of Directors declared a dividend of $0.165 per share, payable on December 10, 2024, to shareholders of record as of November 12, 2024.

Kenneth Krause, Executive Vice President and CFO, highlighted Rollins' consistent history of increasing dividends alongside business growth. He noted that the company has raised its regular dividend by approximately 65 percent since early 2022, while continuing to invest significantly in the business. This increase reflects Rollins' disciplined approach to capital allocation, commitment to shareholder returns, and confidence in its future prospects.

Rollins, Inc. (NYSE:ROL), un'importante azienda globale di servizi per consumatori e commerciali, ha annunciato un aumento del 10 percento del suo dividendo regolare trimestrale in contante. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0.165 per azione, che sarà pagato il 10 dicembre 2024, agli azionisti registrati al 12 novembre 2024.

Kenneth Krause, Vice Presidente Esecutivo e CFO, ha evidenziato la costante storia di Rollins nell'aumento dei dividendi insieme alla crescita del business. Ha sottolineato che l'azienda ha aumentato il suo dividendo regolare di circa il 65 percento dall'inizio del 2022, continuando a investire in modo significativo nell'attività. Questo aumento riflette l'approccio disciplinato di Rollins nella allocazione del capitale, l'impegno per il ritorno agli azionisti e la fiducia nelle sue prospettive future.

Rollins, Inc. (NYSE:ROL), una empresa líder global en servicios para consumidores y comerciales, ha anunciado un aumento del 10 por ciento en su dividendo en efectivo trimestral regular. La Junta Directiva declaró un dividendo de $0.165 por acción, que se pagará el 10 de diciembre de 2024, a los accionistas registrados al 12 de noviembre de 2024.

Kenneth Krause, Vicepresidente Ejecutivo y CFO, destacó la consistencia de Rollins en el aumento de dividendos junto con el crecimiento del negocio. Señaló que la compañía ha aumentado su dividendo regular en aproximadamente un 65 por ciento desde principios de 2022, mientras continúa invirtiendo significativamente en el negocio. Este aumento refleja el enfoque disciplinado de Rollins en la asignación de capital, su compromiso con el retorno a los accionistas y su confianza en las perspectivas futuras.

Rollins, Inc. (NYSE:ROL), 세계적인 소비자 및 상업 서비스 회사로, 정기 분기 현금 배당금을 10% 인상한다고 발표했습니다. 이사회는 주당 $0.165의 배당금을 선언했으며, 이는 2024년 12월 10일에 지급되고, 2024년 11월 12일 기준 주주에게 지급됩니다.

켄네스 크라우스(Kenneth Krause) 부회장 겸 CFO는 Rollins의 비즈니스 성장과 함께하는 배당금 증가의 지속적인 역사를 강조했습니다. 그는 회사가 2022년 초 이후로 정기 배당금을 약 65% 인상했다고 언급하면서, 비즈니스에 상당히 투자하고 있음을 강조했습니다. 이번 인상은 Rollins의 자본 배정에 대한 엄격한 접근 방식, 주주 수익에 대한 의지, 그리고 미래 전망에 대한 자신감을 반영합니다.

Rollins, Inc. (NYSE:ROL), une entreprise mondiale leader dans les services à la consommation et aux entreprises, a annoncé une augmentation de 10 pour cent de son dividende en espèces trimestriel régulier. Le Conseil d'Administration a déclaré un dividende de 0,165 $ par action, qui sera versé le 10 décembre 2024, aux actionnaires enregistrés au 12 novembre 2024.

Kenneth Krause, Vice-président exécutif et CFO, a souligné l’historique cohérent de Rollins en matière d’augmentation des dividendes parallèlement à la croissance de l'entreprise. Il a noté que l'entreprise a augmenté son dividende régulier d’environ 65 pour cent depuis début 2022, tout en continuant à investir de manière significative dans l’activité. Cette augmentation reflète l'approche disciplinée de Rollins en matière d'allocation de capital, son engagement envers les rendements pour les actionnaires et sa confiance dans ses perspectives d'avenir.

Rollins, Inc. (NYSE:ROL), ein führendes globales Unternehmen für Verbraucher- und Geschäftsdienstleistungen, hat eine Erhöhung von 10 Prozent seiner regulären vierteljährlichen Bar-Dividende angekündigt. Der Vorstand erklärte eine Dividende von $0.165 pro Aktie, die am 10. Dezember 2024 an die Aktionäre ausgezahlt wird, die am 12. November 2024 im Aktienregister stehen.

Kenneth Krause, Executive Vice President und CFO, hob die konsistente Geschichte von Rollins bei der Erhöhung der Dividenden in Verbindung mit dem Geschäftswachstum hervor. Er stellte fest, dass das Unternehmen seine reguläre Dividende seit Anfang 2022 um etwa 65 Prozent erhöht hat, während es weiterhin erheblich in das Geschäft investiert. Diese Erhöhung spiegelt den disziplinierten Ansatz von Rollins hinsichtlich der Kapitalallokation, das Engagement für die Rückflüsse an die Aktionäre und das Vertrauen in die zukünftigen Perspektiven wider.

Positive
  • 10% increase in quarterly cash dividend
  • 65% increase in regular dividend since early 2022
  • Continued investment in business growth
  • Strong confidence in future prospects
Negative
  • None.

ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL), a premier global consumer and commercial services company announced that the Board of Directors declared a regular quarterly cash dividend on its common stock of $0.165 per share payable December 10, 2024 to shareholders of record at the close of business on November 12, 2024.  This represents an increase of 10 percent from the same quarter a year ago.

"Rollins has a consistent and long-standing history of increasing our dividend as we grow our business," said Kenneth Krause, Executive Vice President and Chief Financial Officer. "With the current increase, we have raised our regular dividend by approximately 65 percent since the beginning of 2022, while continuing to meaningfully invest in our business. This is a reflection of our disciplined and balanced approach to capital allocation, our commitment to return capital to shareholders, and the confidence we have in our future," Mr. Krause, concluded.

About Rollins, Inc.
Rollins, Inc. (ROL) is a premier global consumer and commercial services company.  Through its family of leading brands, the Company and its franchises provide essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia, with more than 20,000 employees from more than 800 locations. Rollins is parent to Orkin, HomeTeam Pest Defense, Clark Pest Control, Northwest Exterminating, McCall Service, Trutech, Critter Control, Western Pest Services, Waltham Services, OPC Pest Services, The Industrial Fumigant Company, PermaTreat, Crane Pest Control, MissQuito, Fox Pest Control, Orkin Canada, Orkin Australia, Safeguard (UK), Aardwolf Pestkare (Singapore), and more. You can learn more about Rollins and its subsidiaries by visiting www.rollins.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. We have based these forward-looking statements on our current opinions, expectations, intentions, beliefs, plans, objectives, assumptions and projections about future events and financial trends affecting the operating results and financial condition of our business. Although we believe that these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Forward-looking statements in this press release include, but are not limited to, statements regarding the Company's commitment to return capital to shareholders and the Company's confidence in its future.

These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts, and assumptions, and involve a number of judgments, risks and uncertainties. Important factors could cause actual results to differ materially from those indicated or implied by forward-looking statements including, but not limited to, those set forth in the sections entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and may also be described from time to time in our future reports filed with the SEC.

Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required by law.

ROL-Div

For Further Information Contact
Lyndsey Burton (404) 888-2348

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SOURCE Rollins, Inc.

FAQ

What is the new quarterly dividend amount for Rollins (ROL) stock?

The new quarterly dividend amount for Rollins (ROL) stock is $0.165 per share, representing a 10% increase from the previous year.

When will Rollins (ROL) pay its next dividend?

Rollins (ROL) will pay its next dividend on December 10, 2024, to shareholders of record as of November 12, 2024.

How much has Rollins (ROL) increased its dividend since 2022?

Rollins (ROL) has increased its regular dividend by approximately 65% since the beginning of 2022.

What does the dividend increase indicate about Rollins' (ROL) financial health?

The dividend increase indicates Rollins' (ROL) strong financial health, disciplined capital allocation, commitment to shareholder returns, and confidence in future prospects.

Rollins, Inc.

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