Wm announces plan for double-digit increase in its dividend rate and authorization for up to $1.5 billion in share repurchases

Houston--(business wire)--waste management, inc. (nyse: wm) today announced that its board of directors has approved a 13% increase in the planned quarterly dividend rate for 2022, from $0.575 to $0.65 per share. on an annual basis, the dividend rate increases from $2.30 to $2.60. this will mark the nineteenth consecutive year that the company has increased its per share dividend. the company also received authorization from its board of directors to repurchase up to $1.5 billion of the company
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