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Waste Management Declares Quarterly Dividend

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Waste Management (NYSE: WM  ) is hauling out another shareholder payment. The company has declared a quarterly dividend of $0.365 per share of its common stock on June 21 to shareholders of record as of June 7. That amount matches Waste Management's previous distribution, which was handed out in March. Prior to that, the company paid $0.355 per share.

The firm has been fairly steady and reliable in dispensing and increasing its dividend over the years. Since October 2000, that payout has ranged from $0.01 to the current level.

The just-declared dividend annualizes to $1.46 per share. That yields 3.5% at Waste Management's most recent closing stock price of $41.30.


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Eric Volkman
TMFVolkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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Related Tickers

7/2/2015 4:03 PM
WM $46.37 Down -0.14 +0.00%
Waste Management CAPS Rating: *****

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