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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 Kimberly Chin
Waste Management Inc. said Monday that it plans to raise its quarterly dividend by more than 5% and refresh the authorization under its stock buyback program.
The company's board has approved a plan to increase its dividend to 5.75 cents a share from 5.45 cents a share. This will raise its annual dividend to $2.30 a share from $2.18 a share, the company said. The company expects the new dividend will be payable in March 2021.
The company's board has also authorized a buyback program of up to $1.35 billion, superseding the authority remaining under its $1.5 billion stock buyback program from 2018.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
December 14, 2020 17:25 ET (22:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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