Rollins (ROL) Lowers Quarterly Dividend 33.3% to $0.08; 0.8% Yield

Rollins (NYSE: ROL) declared a quarterly dividend of $0.08 per share, or $0.32 annualized. This is a 33.3% decrease from the prior dividend of $0.12.

The dividend will be payable on June 10, 2020, to stockholders of record on May 11, 2020, with an ex-dividend date of May 8, 2020.

The annual yield on the dividend is 0.8 percent.

"We believe that there is a need for caution as we execute our plans in response to the impact of COVID-19. This is a proactive move that is consistent with our Company's conservative balance sheet approach. We plan to return to our past dividend performance as soon as practical," stated Senior Vice President and CFO, Eddie Northen.

For a dividend history and other dividend-related data on Rollins (ROL) click here.

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