Republic Services, Inc. Increases Quarterly Dividend to $0.580 Per Share

Rhea-AI Summary

Republic Services (NYSE: RSG) has announced an 8% increase in its quarterly dividend, raising it by 4.5 cents to $0.580 per share. This marks the 21st consecutive year of dividend increases for the company. The dividend will be paid on October 15, 2024, to shareholders of record as of October 2, 2024. President and CEO Jon Vander Ark emphasized that this increase reinforces the company's commitment to efficiently return cash to shareholders. This consistent dividend growth demonstrates Republic Services' financial stability and dedication to providing value to its investors.

Positive

• 8% increase in quarterly dividend to $0.580 per share
• 21 consecutive years of dividend increases
• Demonstrates financial stability and commitment to shareholder returns

Negative

• None.

PHOENIX, July 24, 2024 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors has approved a 4.5 cent increase in the Company's regular quarterly dividend. The quarterly dividend of $0.580 per share will be paid on October 15, 2024, to shareholders of record on October 2, 2024.

"We are raising our quarterly dividend by approximately 8 percent," said Jon Vander Ark, president and chief executive officer. "This is the 21st consecutive year we've increased our annual dividend, which reinforces our commitment to efficiently return cash to shareholders."

About Republic Services

Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit RepublicServices.com.

For more information, contact:
Media Inquiries	Investor Inquiries
Roman Blahoski (480) 718-0328	Aaron Evans (480) 718-0309
media@RepublicServices.com	investor@RepublicServices.com

 

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SOURCE Republic Services, Inc.

FAQ

What is Republic Services' (RSG) new quarterly dividend amount?

Republic Services' new quarterly dividend is $0.580 per share, representing an 8% increase from the previous dividend.

When will Republic Services (RSG) pay its next dividend?

Republic Services will pay its next dividend on October 15, 2024, to shareholders of record as of October 2, 2024.

How many consecutive years has Republic Services (RSG) increased its dividend?

Republic Services has increased its annual dividend for 21 consecutive years, as of 2024.

What is the percentage increase in Republic Services' (RSG) quarterly dividend?

Republic Services has increased its quarterly dividend by approximately 8%, or 4.5 cents per share.