Rollins dividend: cash coverage and yield
MyStockButler's October 2026 analysis: Rollins's base dividends rise from $0.74 to $0.80 and then $0.86. The dividend is supported by cash: 2025 free cash flow was $650.021M against $327.901M of dividends paid, though competing demands matter.
How much does Rollins pay per share?
Base dividends rise from $0.74 to $0.80 and then $0.86. The bear path gives $0.72 in October 2027 and holds it near that level before reaching $0.74. The bull path reaches $0.98 by October 2029. The base reflects a slowing increase after five uninterrupted years of growth.
| October 2027 | October 2028 | October 2029 | |
|---|---|---|---|
| Earnings | 612 (544 / 652) | 670 (545 / 737) | 732 (558 / 826) |
| Dividends per share | 0.74 (0.72 / 0.76) | 0.80 (0.72 / 0.86) | 0.86 (0.74 / 0.98) |
| Price to earnings | 27.00 (20.00 / 33.00) | 25.00 (18.00 / 32.00) | 23.00 (16.00 / 30.00) |
How much would Rollins's dividend pay you?
$10,000 invested in Rollins at its 2.3% dividend yield (our report of October 22, 2026) pays $230.00 in the first year, before tax. If its dividend per share keeps changing 12.8% a year, as it did from 2021 to 2025, and the dividends are reinvested, year 10 pays $959.59, with $5,069.49 received in all.
Before tax. Past dividend growth is not a promise. Information only, not investment advice.
Does Rollins's dividend have cash coverage?
The dividend is supported by cash, but competing demands matter. 2025 free cash flow was $650.021M, against $327.901M of dividends paid. Management’s 100% cash-conversion guidance supports increases, though it is not a dividend promise.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Free cash flow | 650,021 | 580,081 | 495,901 | 435,302 | 374,611 |
| − Dividends paid | 327,901 | 297,989 | 264,348 | 211,618 | 208,656 |
| − Share buybacks | 200,690 | 0 | 304,207 | 0 | 0 |
| = Free cash flow not paid out | 121,430 | 282,092 | 223,684 | 165,955 | |
| − Acquisitions | 309,518 | 157,471 | 366,854 | 119,188 | 146,098 |
| Paid to shareholders | 528,591 | 297,989 | 568,555 | 211,618 | 208,656 |
What could change Rollins's dividend?
The view moves toward the bear case if residential leads fail to recover during 2027 and organic growth falls below the 4%–6% outlook.
What is Rollins's dividend yield today?
Free cash flow has a similar qualification. Rollins defines it as operating cash flow minus capital expenditure, so it excludes acquisitions. The 3.9% free cash flow yield therefore measures cash after normal investment, not cash after every way Rollins spends money. The dividend yield is 2.3%; it is a use of business cash, not an additional return to add to free cash flow.
| Today (Oct 22, 2026) | |
|---|---|
| Share price | 35.20 |
| Free cash flow yield (calculated) | 3.9% |
| Dividend yield (calculated) | 2.3% |
What this means. Enterprise value is higher than market value because the company has more debt than cash, so buying the whole business would cost more than buying its shares.