4 Reasons to Love Waste Management's Dividend
Investors looking for dividend income do not have to choose between income and business quality. Waste Management (NYSE: WM), the largest North American provider of waste collection, recycling, and landfill services, offers a mix of both. The company's scale, long contracts, and essential services translate into reliable cash flows that can support a growing payout over time.
Rather than chasing dividend yield, a better approach is arguably to look for a dependable and steadily rising dividend funded by consistent cash flow from the underlying business. WM is a textbook example of this.
Here are four reasons the waste and recycling leader's dividend stands out right now.
Source Fool.com
