Waste management announces plan to increase its quarterly dividend rate and a refreshed share repurchase authorization

Houston--(business wire)--waste management, inc. (nyse: wm) today announced that its board of directors has approved a 5.5% increase in the planned quarterly dividend rate for 2021, from $0.545 to $0.575 per share. on an annual basis, the per share dividend rate increases from $2.18 to $2.30. the company also received authorization from its board of directors to repurchase up to $1.35 billion of the company's common stock, superseding the authority remaining under the $1.5 billion authorization
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