Waste Management Inc. (WM) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that WM reports less variability in its free cash flow than 95.39% of the dividend stocks we're tracking.
- As for stocks whose price is uncorrelated with WM's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PRGO, MSN, PTE, PNBK and AVAL.
WM Price Forecast Based on Dividend Discount Model
|Current Price||DDM Fair Value Target:||Forecasted Gain:|
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of WM, the DDM model, as implemented by StockNews, implies a positive return of 98.26% relative to its current price. Digging deeper, the aspects of Waste Management Inc's dividend discount model that we found most interesting were:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Industrials sector, Waste Management Inc's expected return of 98.26% is higher than 86.96% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, WM has a discount rate lower than 86.96% of them (a lower discount rate is associated with lower risk).
- Beta, a measure of volatility relative to the stock market overall, is lower for WM than it is for 90.87% of other equities in the Industrials sector that also issue dividends.
WM Dividend Chart
WM Dividend History
|Ex-Dividend Date||Type||Payout Amount||Change|
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WM Dividends vs. Peers
|1||CVA||Covanta Holding Corporation||1.58%|
|2||WM||Waste Management Inc.||1.55%|
|3||RSG||Republic Services Inc.||1.42%|
|5||WCN||Waste Connections Inc.||0.71%|
|6||TTEK||Tetra Tech, Inc.||0.60%|
|7||GFL||GFL Environmental Inc.||0.17%|
|8||ECOL||US Ecology, Inc.||0.00%|
|9||MEG||Montrose Environmental Group Inc.||0.00%|
|10||CCNC||Code Chain New Continent Limited||0.00%|
|11||CLH||Clean Harbors, Inc.||0.00%|
|12||LICY||Li-Cycle Holdings Corp.||0.00%|
|13||AWX||Avalon Holdings Corporation||0.00%|
|14||SMED||Sharps Compliance Corp.||0.00%|
|16||QRHC||Quest Resource Holding Corporation||0.00%|
|17||CWST||Casella Waste Systems, Inc. -||0.00%|
|18||BBCP||Concrete Pumping Holdings, Inc.||0.00%|
|19||HCCI||Heritage-Crystal Clean, Inc.||0.00%|
|21||BHTG||BioHiTech Global, Inc.||0.00%|
|22||ADSW||Advanced Disposal Services, Inc.||0.00%|
|23||NES||Nuverra Environmental Solutions Inc.||0.00%|