Waste Management dividend yield – Waste Management Pays Out Another Quarterly Dividend

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Waste Management ($NYSE:WM) is a leading provider of comprehensive waste management and environmental services in North America. They have announced a quarterly dividend of $0.65 per share, which is in line with their previous payout. The dividend is payable on December 16th to shareholders of record as of December 2nd, and the ex-dividend date is December 1st.

Waste Management has a long history of paying dividends to their shareholders, and they have consistently increased their dividend payout over time. This latest dividend payout is just another example of their commitment to returning value to their shareholders.

Dividends – Waste Management dividend yield

Waste Management has once again paid out a quarterly dividend, this time for the third quarter of its 2022 fiscal year. The dividend per share was 2.52 USD, compared to the 2.3 USD and 2.18 USD dividends that were issued in the previous two years. This gives the company a dividend yield of 1.91% for this fiscal year. However, its dividend yields from 2020 to 2022 are 1.62%, 1.57%, and 1.7%, respectively, so its three-year average dividend yield is 1.7%.

Price History

Waste Management pays out another quarterly dividend, despite the mostly negative news coverage of the company. On Tuesday, WASTE MANAGEMENT stock opened at $157.0 and closed at $159.6, up by 1.5% from prior closing price of 157.4. The company is under fire for its waste management practices, but it continues to pay out quarterly dividends to shareholders.

Despite the negative press, the company’s stock price has remained relatively stable. It is unclear how long this will continue, but for now, Waste Management seems to be weathering the storm.

VI Analysis

However, the company faces some risks in terms of its financial and business health. In particular, the VI App has detected 3 risk warnings in the income sheet, balance sheet, and non-financial areas. While these warnings should not be ignored, they do not necessarily reflect a major problem for the company. Overall, Waste Management is a medium risk investment.

VI Peers

It has many competitors, including Republic Services Inc, Waste Connections Inc, and Macau Capital Investments Inc.

– Republic Services Inc ($NYSE:RSG)

Republic Services is an American trash and recycling company. It is the second largest provider of residential and commercial trash and recycling services in the United States. The company’s revenue for 2020 was $9.75 billion. The company’s ROE for 2020 was 13.97%.

– Waste Connections Inc ($NYSE:WCN)

Waste Connections Inc is a provider of waste management services in North America. The company has a market cap of 34.1B as of 2022 and a return on equity of 9.38%. Waste Connections Inc provides waste collection, transfer, disposal and recycling services to residential, commercial, industrial and governmental customers.

Summary

Waste Management is one of the world’s leading providers of waste management and environmental services. They offer a variety of services including waste collection, recycling, and disposal. They have a strong focus on environmental sustainability and have been recognized as one of the world’s most sustainable companies. Waste Management is a great company to invest in if you’re looking for a company with a strong focus on environmental sustainability.

They offer a variety of services that can help you reduce your environmental impact. They also have a strong financial track record and have consistently paid out quarterly dividends.