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Waste Management, Inc.
WM today announced that its Board of
Directors has approved a 6.5% increase in the planned quarterly dividend
rate, from $0.385 to $0.41 per share. On an annual basis, the per share
dividend increases from $1.54 to $1.64. This marks the thirteenth
consecutive year that the Company has increased its planned quarterly
dividend. Waste Management's Board of Directors must declare each future
quarterly dividend prior to payment.
The Company also received authorization from its Board of Directors to
repurchase $1 billion of the Company's common stock in future periods.
This authorization refreshes the Company's previous $1 billion share
buyback authorization under which Waste Management entered into
agreements in 2015 to repurchase $750
See full press releaseEx-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
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