A leading provider of electronic security, detection, and monitoring for home and business, ADT features interactive and automated products and services for active people with increasingly mobile lifestyles. The Florida company employs approximately 16,000 people at 200 locations, and serves six million customers. This week ADT announced that its Board of Directors had declared a quarterly cash dividend of $0.125 per share of common stock, to be paid on May 15, 2013 to stockholders of record as of the close of business on April 24, 2013.
In January 2013, ADT's CEO Naren Gursahaney was positive about starting the new fiscal year with a very solid quarter characterized by continued strong growth and stabilization in attrition rates. He said, “Looking ahead to the balance of the year we will continue to focus on our ultimate objective of creating long-term value for our shareholders by reinvesting in our business to drive profitable growth, and returning excess cash to our shareholders.”
GuruFocus performed a thorough financial and performance checkup on ADT and found only one warning sign. The ADT price of $49.43 is close to its one-year high of $49.46.
Take a look at ADT’s growth for revenue per share:
ADT data by GuruFocus.com
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Sally Jones writes about Real Time Picks. She says, "I truly enjoy watching the Gurus in realtime and telling their story."