Waste Management Announces Plan to Increase Quarterly Dividend Payments and Authorization for up to $1 Billion in Share Repurchases - Waste Management (NYSE:WM)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Waste Management, Inc. (NYSE: 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

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

See full press release