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WM Waste Management

207.88
0.72 (0.35%)
04 May 2024 - Closed
Delayed by 15 minutes
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

Waste Management Raises Dividend, Refreshes Repurchase Authorization

14/12/2020 10:40pm

Dow Jones News


Waste Management (NYSE:WM)
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From May 2019 to May 2024

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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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