December 18, 2012
In the video below, Fool analysts Blake Bos and Austin Smith take a look at a few opportunities for investors in Waste Management (NYSE: WM ) .
The nature of the company's business is one of its biggest attractions. People need to throw stuff away, and that won't change. That gives Waste Management a very stable cash flow and a dependable dividend.
Additionally, there are high barriers of entry to the landfill business. Permits are difficult to secure and the operations themselves are hard to build.
Waste Management operates some 300 landfills and maintains an absolutely dominant market position. Its stable cash flow also gives it the ability to upgrade its operations. The company has recently partnered with Westport Innovations to convert much of its fleet to run on natural gas, a move that will provide a big cost savings over the long run.
Stable cash flow and steady dividends are just two of the reasons Waste Management has been a longtime favorite of dividend investors everywhere, but a lagging share price over the last few years has left many wanting more. If you're wondering whether this dividend dynamo is a buy today, you should read our premium analyst report on the company today. Just click here now for access.