Waste Management: A Dividend Achiever Turning Trash Into Treasure
- By Ben Reynolds
As the saying goes, one person's trash is another person's treasure. No company epitomizes that more than Waste Management (WM).
Waste Management will never be a hot investment idea. Its business model is based on garbage, so it certainly does not qualify as exciting.
But, what Waste Management does offer is stability. It remains steadily profitable each year and pays dividends. It also grows the dividend regularly.
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Warning! GuruFocus has detected 6 Warning Signs with WM. Click here to check it out.
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2016. EPS increased 80% in this period, although it should be noted the prior-year period was impacted by a $552 million debt repayment.
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