Waste Management Raises Quarterly Dividend by 5.5% to 57.5 Cents
February 23 2021 - 12:22PM
Dow Jones News
By Colin Kellaher
Waste Management Inc. on Tuesday said it raised its quarterly
dividend by 5.5% to 57.5 cents from 54.5 cents.
The new payout, equal to $2.30 a year, represents an annual
yield of about 2.08%, based on Monday's closing price of $110.56,
up from about 1.97%.
The Houston provider of waste management environmental services
said the increased dividend is payable March 26 to shareholders of
record March 12.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 23, 2021 12:07 ET (17:07 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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