Waste Management stock dividend – Waste Management Declares Quarterly Dividend of $0.70 Per Share, Yielding 1.84%

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Waste Management stock dividend – Waste Management ($NYSE:WM) Inc. is one of the largest providers of solid waste services in North America. It currently operates in the United States, Canada, and Puerto Rico and provides services for residential, commercial, industrial, and municipal customers. The company focuses on providing sustainable solutions for solid waste management and resource conservation. Waste Management Inc. has recently announced that they will be paying a quarterly dividend of $0.70 per share, in keeping with prior payments. The dividend will be payable on March 24 to shareholders on record as of March 10, with the ex-dividend date being March 9.

Investors can view the company’s Dividend Scorecard, Yield Chart, and Dividend Growth on Seeking Alpha. The Dividend Scorecard provides an overview of the company’s dividend history, including the current yield and payout ratio. This recent announcement is further proof that the company is committed to rewarding its shareholders with increasing dividend payments. Investors are encouraged to view the company’s Dividend Scorecard, Yield Chart, and Dividend Growth on Seeking Alpha to determine if this stock is right for their portfolio.

Dividends – Waste Management stock dividend

The news of the quarterly dividend reflects WASTE MANAGEMENT’s commitment to its shareholders and their return on investment. The company has long been committed to paying a quarterly dividend, and its current dividend yield is well above the industry average. The dividend yield is an important metric for investors, as it can indicate the strength and stability of the company’s finances. A higher dividend yield can indicate that the company is able to pay out more of its profits to shareholders. WASTE MANAGEMENT is one of the leading waste management companies in North America.

The company’s services include collection, transfer, recycling and disposal of waste for both residential and commercial customers. It also provides services such as resource recovery, landfill gas services, and more. The company’s financial performance has been strong in the past few years, with increased revenues and profits. WASTE MANAGEMENT’s cash flow has also increased steadily over the past few years, which has allowed it to maintain its dividend payments.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Waste Management. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Waste Management. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Waste Management. More…

Key Ratios Snapshot

Some of the financial key ratios for Waste Management are shown below. More…

Share Price

The stock opened at $150.5 and closed at $151.8, a 0.5% increase from the previous closing price of 151.1. This dividend is an important indicator of the company’s financial strength and stability. It also demonstrates the company’s commitment to shareholder returns and long term growth prospects. They provide services such as waste collection, transfer, disposal and recycling to residential, commercial, industrial and municipal customers across the US and Canada.

This indicates that the company has plenty of room to increase dividend payouts in the future. Despite current negative news sentiment, their stock opened and closed positively, suggesting investors are optimistic about their future outlook. Live Quote…

Analysis

GoodWhale has conducted an in-depth analysis of WASTE MANAGEMENT‘s well-being. After a thorough review of the company’s financial records and business operations, GoodWhale’s risk rating has determined that WASTE MANAGEMENT is a medium risk investment. The analysis revealed several areas of concern. For instance, the income sheet showed potential issues with revenue streams, while the balance sheet revealed some weaknesses in cash flow. In addition, the non-financial aspects of the business posed a few risks as well. GoodWhale’s analysis also identified three risk warnings which should be considered before investing in WASTE MANAGEMENT. These could include liquidity or solvency issues, challenges with debt repayment, and potential compliance risks. Overall, the analysis revealed that WASTE MANAGEMENT is a medium risk investment. While there are some concerns, those who are considering investing in the company should review GoodWhale’s findings and consider all of the risks before making a decision. For more detailed information about the analysis, please visit GoodWhale.com. More…

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

This provides an opportunity for investors to benefit from a regular income while also participating in the potential long-term growth of the company. While current market sentiment is generally negative, Waste Management has a solid history of operational excellence and steady financial performance, making it an attractive option for investors. Given its history and current financials, it may be a good investment for those looking for a reliable dividend yield and long-term growth prospects.