Rollins (ROL) Announces 3-For-2 Stock Split
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +13.3%
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Rollins, Inc. (NYSE: ROL), a premier global consumer and commercial services company announced today that the Board of Directors has approved a three-for-two stock split of the Company's common shares.
The split will be affected by issuing one additional share of common stock for every two shares of common stock held. The additional shares will be distributed on December 10, 2020, to stockholders of record at the close of business on November 10, 2020. Fractional share amounts resulting from the split will be paid to shareholders in cash.
In addition, the Company declared a regular quarterly cash dividend on its common stock of $0.08 per share plus a special year-end dividend of $0.13 per share both payable December 10, 2020 to stockholders of record at the close of business November 10, 2020. Dividends will be paid on pre-split shares.
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