ADT Inc. (NYSE:ADT) Announces Quarterly Dividend of $0.06

ADT Inc. (NYSE:ADT - Get Free Report) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Stockholders of record on Thursday, June 13th will be paid a dividend of 0.055 per share by the security and automation business on Tuesday, July 9th. This represents a $0.22 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Thursday, June 13th.

ADT has a payout ratio of 27.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ADT to earn $0.79 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 27.8%.

ADT Trading Up 1.6 %

Shares of ADT stock traded up $0.10 during trading hours on Friday, hitting $6.43. 4,339,250 shares of the company were exchanged, compared to its average volume of 5,175,475. The firm has a market cap of $5.93 billion, a PE ratio of 12.76 and a beta of 1.57. ADT has a 1 year low of $4.89 and a 1 year high of $7.60. The company has a quick ratio of 0.52, a current ratio of 0.68 and a debt-to-equity ratio of 1.99. The firm has a fifty day moving average of $6.61 and a 200 day moving average of $6.44.

ADT (NYSE:ADT - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The security and automation business reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.05. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.25 billion. ADT had a net margin of 8.69% and a return on equity of 14.85%. The company's revenue was down 27.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.08 EPS. Analysts expect that ADT will post 0.67 earnings per share for the current year.

Wall Street Analyst Weigh In

ADT has been the topic of several research reports. Barclays cut their price target on shares of ADT from $8.00 to $7.00 and set an "underweight" rating on the stock in a report on Friday, March 22nd. The Goldman Sachs Group raised their price target on shares of ADT from $7.50 to $8.30 and gave the company a "buy" rating in a report on Thursday, February 29th.

ADT Company Profile

ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.