ADT Inc. (NYSE:ADT) will begin trading ex-dividend on September 17, 2020. The quarterly dividend payment of $ 0.035 per share is scheduled to be paid on October 2, 2020. The dividend yield based on the latest trading day closing price was 1.28 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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ADT Inc. recently reported second quarter financial results on August 5, 2020, after market close, the Boca Raton based company posted loss for the second quarter of $ 0.07 per share, from the revenue of $ 1,331.00 million. The quarterly earnings raised 25.53 percent while revenues compared with the same quarter last year.
According to street consensus, ADT was expected to report 2Q20 income of $ 0.29 per share from revenue of $ 1250.00 million. The bottom line results missed street analysts by $ 0.36 or 124.14 percent, at the same time, top line results outshined analysts by $ 81.00 million or 6.48 percent.
Stock Performance
Shares of ADT Inc. traded up $ 0.22 or 2.05 percent on Thursday, reaching $ 10.94 with volume of 3.90 million shares. ADT Inc. has traded high as $ 11.07 and has cracked $ 10.58 on the downward trend
According to the previous trading day, closing price of $ 10.94, representing a 214.37 % increase from the 52 week low of $ 3.41 and a 37.71 % decrease over the 52 week high of $ 17.21.
The company has a market capital of $ 8.43 billion and is part of the Industrials sector and Security & Protection Services industry.
ADT Inc. provides security and automation solutions for homes and businesses in the United States and Canada. It provides a range of fire detection, fire suppression, video surveillance, and access control systems to residential, commercial, and multi-site customers.