Secret Site Map
Wednesday, July 30, 2014

Home News 'Mad Money' Host Praises Rollins

'Mad Money' Host Praises Rollins

Business

Jim Cramer, the former hedge fund manager who now hosts CNBC's “Mad Money,” sang the praises of Rollins, parent company of Orkin, in a recent broadcast.

| February 18, 2010

Jim Cramer, the former hedge fund manager who now hosts CNBC's “Mad Money,” sang the praises of Rollins, parent company of Orkin, in a recent broadcast.

On the Feb. 11 broadcast Cramer asked, "Why should you care about Rollins? For the same reason we do, it’s the third-biggest dividend booster on our list."

Rollins raised its dividend by 28.6 percent, to 9 cents a quarter from 7 cents, resulting in an annualized payout of 36 cents and a 1.8 percent yield.

Cramer also noted that Rollins is also a cash generator that averages $76 million in free cash flow a year, with $82 million in just the first three quarters of 2009. And the company is now focused on improving customer retention and increasing its sales yield through better closure rates.

Additionally, Cramer said the company made a smart acquisition by buying Home Team Pest Defense in 2008.

Click here to read the entire story.

Source: CNBC

Top news

Cook’s Open House Showcases State-of-the-Art Training Facilities

Residential and commercial training centers provide hands-on educational opportunities in a “real-world” setting for technicians and sales personnel.

Bed Bugs Turn Up in Senate Office Building

The pests were found on the sixth floor of the Dirksen building last week, causing officials to take emergency measures such as closing off a restroom for a couple of days with yellow police tape, the Daily Caller reports.

'Super Ants' Discovered in London

An invasion of super ants that are attracted to electricity is feared to be spreading across the south of the country after a large nest was discovered in a house in London, metro.co.uk reports.

Mayor Dies After Wasp Attack

The mayor of a Quebec, Canada community died of anaphylactic shock after after being attacked by wasps while on vacation.

ESA Announces Newly Certified ACEs — July 2014

The Entomological Society of America (ESA) announced 16 new Associated Certified Entomologists.