Republic Services (RSG) DIvidends Date & History

Key Takeaways

• Republic Services, Inc. (RSG) offers a current dividend yield of approximately 1.19% with an annual dividend of $2.50 per share paid quarterly.
• The company has raised its dividend for 22 consecutive years, supporting its profile as a dividend growth stock.
• Payout ratio stands at around 35%, indicating strong earnings coverage and sustainability.
• Free cash flow comfortably covers the dividend, with payouts representing roughly 31% of free cash flow in recent periods.
• Compared to peers like Waste Management (WM), RSG provides a lower yield but maintains a more conservative payout ratio.
• The stock appeals to long-term dividend growth investors seeking stability in the waste management sector.

Dividend Overview

Republic Services, Inc. (RSG) maintains a quarterly dividend payment schedule, distributing $0.625 per share for an annualized total of $2.50. At prevailing stock prices, this translates to a trailing dividend yield of about 1.19%. The company follows a policy of consistent annual increases, positioning it as a dividend growth stock rather than a high-yield offering. Its modest yield reflects a focus on reinvestment and financial prudence in the waste management industry, appealing to investors prioritizing long-term income growth over immediate high returns.

Dividend History and Growth

Republic Services, Inc. (RSG) has demonstrated a strong track record of dividend growth, with increases for 22 consecutive years. The most recent adjustment raised the quarterly payout from $0.58 to $0.625, reflecting an approximate 8% increase. Over the past five years, the dividend has grown at an average annual rate of about 7.9%. This consistency underscores the company's commitment to returning capital to shareholders while maintaining operational stability. Payments have remained uninterrupted, supported by steady cash generation in its core waste collection and recycling operations.

Dividend Sustainability and Payout Ratio

The dividend appears highly sustainable, backed by a conservative payout ratio of approximately 35% of earnings. This low ratio leaves ample room for reinvestment and future increases. Free cash flow coverage is also robust, with dividends representing around 31% of recent free cash flow generation. Republic Services, Inc. (RSG) maintains a solid balance sheet with manageable debt levels relative to its stable, recession-resistant business model. Overall financial health supports ongoing dividend reliability without undue strain on operations or liquidity.

Dividend Compared to Industry Peers

In the waste management sector, Republic Services, Inc. (RSG) trades at a lower dividend yield than its primary peer, Waste Management (WM), which offers around 1.56%. However, RSG's payout ratio of roughly 35% is more conservative than WM's near 50%, suggesting greater flexibility for sustained growth. Both companies operate in a stable industry with predictable cash flows, but RSG emphasizes a balanced approach that prioritizes dividend growth alongside share repurchases and business expansion.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore the tool to uncover opportunities aligned with your investment criteria.

Is This Stock Attractive for Dividend Investors?

Republic Services, Inc. (RSG) suits dividend growth investors and long-term holders who value consistent annual increases and a low payout ratio over high current yields. Its stable waste management operations provide predictable cash flows, making it appropriate for conservative investors seeking reliability. Income-focused investors may find the modest yield less compelling compared to higher-yielding alternatives, while growth-oriented dividend seekers could appreciate the multi-year streak of increases and conservative financial metrics. The stock fits portfolios emphasizing capital appreciation alongside gradually rising income, though it may not appeal to those prioritizing maximum immediate yield.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations