WM announced that its Board of Directors has approved a 7.1% increase in the planned quarterly dividend rate for 2024, from 70c to 75c 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 $1.5B of the company’s common stock, superseding the authority remaining under the prior $1.5B authorization announced in 2022.
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