ADT Inc. (NYSE:ADT – Get Free Report) announced a quarterly dividend on Thursday, April 30th. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.055 per share by the security and automation business on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Thursday, June 11th.
ADT has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 1 years. ADT has a dividend payout ratio of 23.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect ADT to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 24.4%.
ADT Stock Down 1.8%
Shares of NYSE ADT opened at $6.67 on Tuesday. The firm’s 50-day moving average price is $6.90 and its 200-day moving average price is $7.45. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $5.28 billion, a price-to-earnings ratio of 9.52 and a beta of 1.02. ADT has a 12-month low of $6.25 and a 12-month high of $8.94.
About ADT
ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.
Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.
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