The Traderszone Network

Published in TZ Latest News 18 August, 2014 by The TZ Newswire Staff

Waste Management Collects Trash, Dispenses Cash

Gold, bonds, real estate and … trash? Waste Management (WM), America’s biggest garbage hauler, also offers a store of value. The stock is up 2.7% this year, and while that trails the S&P 500’s 6.7% gain, the company in February hiked its dividend for the 11th straight year. The annual dividend yield is now 3.3% at the current share price, topping the S&P average of 1.9%. The long-term dividend growth rate is 6%.

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