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Data last updated: Oct 17, 2026
Snapshot (as of Oct 17, 2026): Waste Management, Inc. (WM) pays a $3.54 annual dividend ($0.94 quarterly), yielding 1.69% at $226.86/share. Next ex-dividend date 2026-09-11. 26+ consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 1.69%
Annual Dividend: $3.54 per share
Payout Ratio: 50.1%
Ex-Dividend Date: 2026-09-11
Dividend Frequency: quarterly
Sector: Industrials
Years of Dividend History: 29
Waste Management, Inc. dividend has been paid every quarter for 29 years, making WM one of the most durable income payers in the industrials sector. The company collects, transports, and disposes of waste and recyclables across North America, operating 255 solid waste landfills, 96 material recovery facilities, and 340 transfer stations. The trailing annual dividend rate is $3.66 per share, with the next ex-dividend date on September 11, 2026. A Dividend Aristocrat with a beta of 0.431, WM suits income investors who prioritize low volatility over a high starting yield.
Waste Management, Inc. pays out 50.1% of earnings as dividends, a payout ratio classified as moderate (40-60%). That level leaves meaningful room to absorb earnings pressure without threatening the payout, and the company's business, collecting and disposing of waste for residential, commercial, industrial, and municipal customers across North America, generates demand that does not disappear in economic downturns. Waste Management, Inc. dividend safety is further supported by the absence of any cut in the 14-year history window, though the payout ratio would tighten if earnings declined materially.
Waste Management, Inc. dividend history shows a CAGR of 6.5% per year from 2011 to 2025. The per-share dividend grew from $1.36 to $3.30 over that period (2026 data is partial and excluded from this calculation). The smallest annual increase in the window was 2.7% in 2014, while the largest reached 13.0% in 2022, so the pace has varied considerably year to year.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +8.3% | $2.60 (2022) | $3.30 (2025) |
| 5-Year | +8.6% | $2.18 (2020) | $3.30 (2025) |
| 10-Year | +7.9% | $1.54 (2015) | $3.30 (2025) |
WM stock fits dividend investors who want a low-volatility income payer with a long, unbroken growth streak. The yield is low (below 2%), and at 1.71% it sits above the 5-year average of 1.31%, which means current buyers are getting a better entry yield than the historical norm. Twenty-six consecutive years of dividend increases earn WM its Dividend Aristocrat status, a streak built across a business that serves customers with little choice but to keep paying for waste removal. The trade-off is straightforward: the 6.5% annual growth rate is meaningful over time, but the starting yield is modest, so income investors who need immediate cash flow will find the yield thin.
WM is a Dividend Aristocrat with 26 consecutive years of dividend increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-11 | $0.9450 |
| 2026-06-05 | $0.9450 |
| 2026-03-13 | $0.9450 |
| 2025-12-05 | $0.8250 |
| 2025-09-12 | $0.8250 |
| 2025-06-06 | $0.8250 |
| 2025-03-14 | $0.8250 |
| 2024-12-06 | $0.7500 |
| 2024-09-13 | $0.7500 |
| 2024-06-07 | $0.7500 |
| Year | Total Dividends |
|---|---|
| 2026 | $2.8350 |
| 2025 | $3.3000 |
| 2024 | $3.0000 |
| 2023 | $2.8000 |
| 2022 | $2.6000 |
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