WMI unveils financial plans.(News)(Waste Management Inc)
Waste News, November, 2004 by Johnson, Jim
Byline: Jim Johnson Waste Management Inc. is increasing its dividend by a nickel per year - up to 80 cents per share - and plans to spend hundreds of millions of dollars annually on stock buybacks. The nation's largest solid waste management company will increase its quarterly dividend from 18.75 cents per share to 20 cents per share.
That move means Waste Management will pay out about $460 million per year in dividends to shareholders. The company board also authorized spending up to $1.2 billion per year on the dividends in stock repurchases for the next three years. "Waste Management continues to demonstrate its ability to generate consistent and strong cash flows from its operations and the board of directors and management continue to...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
