We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Waste Management | NYSE:WM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.72 | 0.35% | 207.88 | 208.60 | 204.91 | 207.16 | 2,237,958 | 01:00:00 |
By Ben Glickman
WM, previously known as Waste Management, increased its dividend 7.1% and authorized up to $1.5 billion in share buybacks, which the company said reflected its consistent cash flow generation.
The Houston-based trash and recycling collection company said Monday it would pay a quarterly dividend of 75 cents in 2024, up from a prior payout of 70 cents this year.
The dividend, equal to $3 a year, represents an annual yield of 1.7% based on the Monday closing price of $173.38.
The company said the raise was its 21st consecutive year lifting its payout.
WM said the buyback authorization superseded the repurchases authorized under the prior $1.5 billion authorization from 2022.
Chief Executive Jim Fish said the company's cash flow would allow it to continue to allocate capital to shareholder returns.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 11, 2023 18:27 ET (23:27 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Waste Management Chart |
1 Month Waste Management Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions