Markets
ADT

ADT Hikes Quarterly Dividend by 4.8%, Share Prices Up

A generic image of a pen on top of a stock chart.
Credit: Shutterstock photo

Security and protection services provider The ADT CorporationADT recently announced a 4.8% year-over-year hike to its dividend payout. The quarterly dividend now comes to 22 cents or 88 cents per share on an annualized basis.

Share prices reacted positively on the news as the stock was up 1.2% to close at $33.59 on Dec 15, 2015. The proposed dividend translates into a yield of 2.6%. A steady dividend payout is part of the long-term strategy of ADT to provide attractive risk-adjusted returns to its stockholders. The company has paid a steady dividend ever since its inception as a standalone listed firm in October 2012.

Headquartered in Boca Raton, FL, ADT offers electronic security products along with a wide range of interactive home and business automation and monitoring services for residences and small businesses in the U.S. and Canada.

ADT's electronic security and home/business automation solutions primarily include installation and monitoring of residential and small business security and premises automation systems. These products are designed to detect intrusion; control access; react to movement, smoke, carbon monoxide, flooding, temperature and other environmental conditions and hazards; and address personal emergencies, such as injuries, medical emergencies or incapacitation.

With a wide array of products to cater to a broad spectrum of customer needs, ADT has a strong footprint in the large and growing residential and small business security market. The product portfolio of the company includes some of the most respected, trusted and well-known brands in the industry. As reputation and reliability serve as the two key elements in the decision-making process while purchasing home and small business security and automation services, ADT has a distinct advantage over rivals with its well recognized and reliable brands.

Additionally, ADT continues to add new features and capabilities to its Pulse platform to ensure that the product continues to be the best home security and automation solution in the industry. The depth in product portfolio, strong brand identity and a well-diversified customer base offer an unrivalled competitive advantage to ADT.

ADT currently carries a Zacks Rank #3 (Hold). Other stocks that are worth considering in the industry at the moment include Exponent Inc. EXPO , NV5 Holdings, Inc. NVEE and Navigant Consulting Inc. NCI , each carrying a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

NAVIGANT CONSLT (NCI): Free Stock Analysis Report

ADT CORP (ADT): Free Stock Analysis Report

EXPONENT INC (EXPO): Free Stock Analysis Report

NV5 HOLDING INC (NVEE): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

ADT EXPO NVEE

Other Topics

Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More