Site icon top24newsonline.com

DivGro: Rollins Dividend Increase


On 28 October, Rollins (ROL) increased its dividend by 10.61%, from 16.5¢ to 18.25¢ per share.

The dividend is payable on 10 December to shareholders of record on 10
November. 

ROL’s contribution to DivGro’s projected annual dividend income will
increase by $21 to $219.


I own 300 shares of ROL at an average cost basis of $43.95 per share. Following this increase, my yield on cost
is 
1.66%. (ROL’s forward yield is 1.28% at $57.13 per share). 

Since I opened my position in February 2024, the stock has delivered a total return of 32%, including $333 in
dividends. That’s a superb annualized rate of return of 17.9%!

5-Year History of Dividend Payouts by Ex-Date

2020 2021 2022 2023 2024 2025
$0.240 $0.340 $0.430 $0.540 $0.615 $0.678
-14.32% 41.73% 26.47% 25.58% 13.89% 10.16%
5-year DGR: 17.04% 23.08%

projected, assuming no further changes



Source link

Exit mobile version