Finance

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Michael Reeves

WM Declares Quarterly Dividend of $0.945 Per Share, Extending 23-Year Growth Streak

WM announced a quarterly cash dividend of $0.945 per share, payable September 25, 2026, continuing the company's track record of 23 consecutive years of dividend increases.

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WM Declares Quarterly Dividend of $0.945 Per Share, Extending 23-Year Growth Streak

WM, North America's leading environmental solutions provider, announced a quarterly cash dividend of $0.945 per share on Tuesday, payable to shareholders of record as of September 11, 2026. The payment will be distributed on September 25, 2026.

The dividend represents an annualized payment of $3.78 per share, with a yield of approximately 1.6-1.7%. The announcement extends WM's impressive track record of 23 consecutive years of dividend increases, underscoring the company's commitment to returning value to shareholders while maintaining financial stability.

Strong Financial Foundation

The Houston-based company, which rebranded from Waste Management to WM in February 2022, has demonstrated robust financial performance. With trailing twelve-month revenue of approximately $25.4-25.7 billion as of mid-2026 and a market capitalization between $86-90 billion, WM stands as one of the largest waste management companies globally.

The company maintains a dividend payout ratio of approximately 50%, indicating a balanced approach between rewarding shareholders and reinvesting in business growth. This financial discipline has supported WM's dividend program since 1998, representing nearly three decades of consistent payments to investors.

About the Company

WM operates throughout the United States and Canada, providing comprehensive environmental solutions to millions of residential, commercial, industrial, medical and municipal customers. The company's services span collection, recycling and disposal, with particular emphasis on sustainability initiatives.

The company has positioned itself as a leader in beneficial use of landfill gas, operating a growing network of renewable natural gas plants and the most landfill gas-to-electricity facilities in the industry. WM also maintains the largest heavy-duty natural gas truck fleet in the sector.

Beyond North America, WM subsidiaries provide regulated medical waste collection and disposal services, as well as secure information destruction services in the United States, Canada and Western Europe.

WM shares trade on the New York Stock Exchange under the ticker symbol WM, which the company has used since August 2009.

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