Image Source: PixabayOn 16 December, Waste Management (WM) increased its quarterly dividend by 10.00%, from 75¢ to 82.5¢ per share.The dividend will be paid in March 2025.WM’s contribution to DivGro’s projected annual dividend income will increase by $24 to $264.I own 80 shares of WM at an average cost basis of $210.02 per share. Following this increase, my yield on cost is 1.57%. (WM’s forward yield is 1.60% at $206.50 per share). Since opening my position in July 2024, the stock has generated a total return of -1%, including $60 in dividend income. 5-Year History of Dividend Payouts by Ex-Date
✝projected, assuming no further changesMore By This Author:WEC Energy Group Dividend IncreaseAflac Dividend IncreaseNike Dividend Increase
