Wm announces plan to increase its dividend rate and a refreshed $1.5 billion share repurchase authorization

Houston--(business wire)--wm (nyse: wm) today announced that its board of directors has approved a 7.1% increase in the planned quarterly dividend rate for 2024, from $0.70 to $0.75 per share. the annual dividend rate increase from $2.80 to $3.00 per share marks the twenty-first consecutive year of dividend rate increases. the company also received authorization from its board of directors to repurchase up to $1.5 billion of the company's common stock, superseding the authority remaining under.
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