Waste Management's latest quarterly dividend was on Mar 9, 2023 (ex-date) with a payout of $0.7 per share. On an annualized basis, the company has a current payout of $2.65 per share. This brings the dividend yield to 1.69% based on its recent close price. The latest dividend has an increase of $0.05, or 8% from the prior distribution.
WM has a dividend yield of 1.69% which is higher than the Industrials sector average. If we compare it with the Industrials sector average of 1.49%, Waste Management's dividend yield is 13% higher. The historical 5-year average of WM's dividend yield is 1.7%, which is in line with the current one.
Waste Management has been paying dividends since 1998. WM has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 12% since twelve months ago. And with the price of the stock down by 0.5% from a year ago, the dividend yield has an increase of 12%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 9, 2023 | Mar 24, 2023 | Feb 6, 2023 | $0.7 | normal |
| Dec 1, 2022 | Dec 16, 2022 | Nov 8, 2022 | $0.65 | normal |
| Sep 8, 2022 | Sep 23, 2022 | Aug 22, 2022 | $0.65 | normal |
| Jun 2, 2022 | Jun 17, 2022 | May 9, 2022 | $0.65 | normal |
| Mar 16, 2022 | Mar 31, 2022 | Mar 1, 2022 | $0.65 | normal |
| Dec 2, 2021 | Dec 17, 2021 | Nov 16, 2021 | $0.575 | normal |
| Sep 2, 2021 | Sep 17, 2021 | Aug 16, 2021 | $0.575 | normal |
| Jun 3, 2021 | Jun 18, 2021 | May 11, 2021 | $0.575 | normal |
| Mar 11, 2021 | Mar 26, 2021 | Feb 23, 2021 | $0.575 | normal |
| Dec 3, 2020 | Dec 18, 2020 | Nov 17, 2020 | $0.545 | normal |
| Sep 3, 2020 | Sep 18, 2020 | Aug 18, 2020 | $0.545 | normal |
| Jun 4, 2020 | Jun 19, 2020 | May 12, 2020 | $0.545 | normal |
| Mar 5, 2020 | Mar 20, 2020 | Feb 18, 2020 | $0.545 | normal |
| Dec 5, 2019 | Dec 20, 2019 | Nov 19, 2019 | $0.513 | normal |
| Sep 5, 2019 | Sep 20, 2019 | Aug 19, 2019 | $0.513 | normal |
| Jun 6, 2019 | Jun 21, 2019 | May 14, 2019 | $0.513 | normal |
| Mar 7, 2019 | Mar 22, 2019 | Feb 19, 2019 | $0.513 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Nov 12, 2018 | $0.465 | normal |
| Sep 6, 2018 | Sep 21, 2018 | Aug 20, 2018 | $0.465 | normal |
| Jun 7, 2018 | Jun 22, 2018 | May 18, 2018 | $0.465 | normal |
| Mar 8, 2018 | Mar 23, 2018 | Feb 21, 2018 | $0.465 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 6, 2017 | $0.425 | normal |
| Sep 7, 2017 | Sep 22, 2017 | Aug 24, 2017 | $0.425 | normal |
| Jun 7, 2017 | Jun 23, 2017 | May 11, 2017 | $0.425 | normal |
| Mar 8, 2017 | Mar 24, 2017 | Feb 27, 2017 | $0.425 | normal |
| Nov 30, 2016 | Dec 16, 2016 | Nov 10, 2016 | $0.41 | normal |
| Sep 7, 2016 | Sep 23, 2016 | Aug 25, 2016 | $0.41 | normal |
| Jun 1, 2016 | Jun 17, 2016 | May 11, 2016 | $0.41 | normal |
| Mar 3, 2016 | Mar 18, 2016 | Feb 26, 2016 | $0.41 | normal |
| Dec 2, 2015 | Dec 18, 2015 | Nov 9, 2015 | $0.385 | normal |
| Sep 10, 2015 | Sep 24, 2015 | Aug 20, 2015 | $0.385 | normal |
WM has a payout ratio of 48.9% which is higher than the Industrials sector average. In comparison with the Industrials sector average of 28.3%, Waste Management's payout ratio is 73% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WM Waste Management Inc | 1.69% | $2.65 | 48.9% |
| RSG Republic Services Inc | 1.44% | $1.91 | 40.6% |
Yes, Waste Management has been paying dividends for the last 25 years.
WM hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2023.
Waste Management's last regular dividend was on Mar 9, 2023 (ex-date) with the amount of $0.7 per share.
WM's annualized dividend per share is $2.65.
Waste Management's current dividend yield is 1.69%.
Waste Management has a quarterly dividend frequency.
Waste Management's dividend payout ratio is 48.9%.
Waste Management's dividend yield is more than the Industrials sector average.