Rollins Declares 3-For-2 Stock Split

On Dec. 10, shareholders of record as of Nov. 12 will receive one additional share for every two shares they hold.

Fractional share amounts will be paid to shareholders in cash.

Separately, Rollins declared a regular quarterly dividend of 7.5 cents per share payable on Dec. 10 to shareholders of record on Nov. 12.

Companies often declare stock splits when they feel the price of the stock has gotten too expensive for retail investors.