Waste Management stock (US94106L1098): Dividend hiked $0.12 per share

Waste Management raised its quarterly dividend by $0.12 to $0.9450 per share on March 2, 2026, marking 27 years of increases with a 1.76% yield.

Waste Management announced a quarterly dividend increase of $0.12 per share to $0.9450 on March 2, 2026, paid to shareholders on March 27, 2026. The stock traded at around $215 USD on NYSE as of early May 2026, with a market cap of $86.41 billion, according to MarketBeat as of 05/11/2026. This marks the company's 27th consecutive year of dividend growth at an annualized 5-year rate of 8.65%.

As of: 11.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Waste Management, Inc.
• Sector/industry: Industrials / Waste Management Services
• Headquarters/country: Houston, Texas, USA
• Core markets: North America
• Key revenue drivers: Collection, recycling, disposal
• Home exchange/listing venue: NYSE (WM)
• Trading currency: USD

Waste Management: core business model

Waste Management provides integrated waste management and environmental services across North America, offering collection, transfer, disposal, recycling, and landfill operations. Headquartered in Houston, Texas, the company serves residential, commercial, industrial, and municipal customers with end-to-end solutions, according to its company overview as of 05/11/2026. With 60,500 employees since its founding in 1968, it operates as a key player in the environmental services sub-industry.

The business model emphasizes comprehensive services, including waste collection via fleets and infrastructure for recycling and disposal. This vertically integrated approach allows Waste Management to manage the full waste lifecycle, generating stable revenue from recurring contracts in a essential service sector.

Main revenue and product drivers for Waste Management

Primary revenue comes from waste collection services for residential and commercial clients, supplemented by landfill operations and recycling processing. The company reported a P/E ratio of 31.14 and dividend payout ratio of 54.70% in recent data from MarketBeat as of 05/11/2026. Volume averages 2 million shares daily, with a 52-week range of $194.11 to $248.13.

Key drivers include expansion in recycling technologies and route optimization, amid industry M&A activity reaching 178 deals in 2025 per EIN News as of 01/2026. These efforts support growth in a sector vital to US infrastructure.

Why Waste Management matters for US investors

As a NYSE-listed leader in waste services, Waste Management offers US investors exposure to a defensive sector tied to steady municipal and commercial demand. Its North American focus aligns with US economic cycles, providing resilience amid volatility, with shares trading in USD on NYSE.

Conclusion

Waste Management continues its strong track record with a recent dividend hike to $0.9450 per share, reflecting operational stability in waste services. The company's scale and North American presence position it well in a consolidating industry, as seen in 2025 M&A trends. Investors track its performance amid steady demand for essential services.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.