WM declares quarterly dividend of $0.825 per share

Published 22/08/2025, 12:06
WM declares quarterly dividend of $0.825 per share

HOUSTON - WM (NYSE:WM), North America’s leading provider of environmental solutions, announced Friday it will pay a quarterly cash dividend of $0.825 per share on September 26, 2025, to stockholders of record as of September 12, 2025. The company, which has maintained dividend payments for 28 consecutive years and raised them for 21 straight years according to InvestingPro, currently offers a dividend yield of 1.44%.

The dividend declaration maintains the company’s regular quarterly payment to shareholders. WM, formerly known as Waste Management, provides collection, recycling and disposal services to residential, commercial, industrial, medical and municipal customers throughout the United States and Canada. As a prominent player in the Commercial Services & Supplies industry with a market capitalization of $92.5 billion, WM generated revenues of $24 billion in the last twelve months.

The Houston-based company operates North America’s largest disposal network and collection fleet. WM also provides specialized services including WM Healthcare Solutions, which handles regulated medical waste and secure information destruction services in the U.S., Canada and Western Europe.

The dividend announcement was made through a press release statement issued by the company.

In other recent news, Waste Management reported its second-quarter 2025 earnings, which surpassed Wall Street expectations. The company achieved an earnings per share of $1.92, slightly above the forecast of $1.90, and its revenue reached $6.43 billion, exceeding the anticipated $6.37 billion. Additionally, Scotiabank raised its price target for Waste Management to $275, up from $265, while maintaining a Sector Outperform rating. This adjustment followed the company’s strong performance, driven by special waste volumes, tuck-in acquisitions, positive pricing trends, sustainability initiatives, and cost efficiencies. In another development, Waste Management announced the upcoming retirement of Executive Vice President and Chief Financial Officer Devina Rankin, who plans to retire after nearly 23 years with the company. Rankin will transition out of the CFO role in November 2025 and remain as an executive advisor through March 2026. These developments reflect Waste Management’s strategic direction and ongoing leadership transitions.

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