WM · New York Stock Exchange

Is WM's dividend safe?

Waste Management, Inc.

Industrials

01At a glance

Solid

0/10

As of June 15, 2026 · 14 days ago

$0.94SEP 23JUN 26

Last 12 dividend payments

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Backtested against historical cuts · Updated daily · Free public lookup

02Analysis

Waste Management presents a well-covered, steadily growing dividend backed by robust and expanding operating cash flow. Free cash flow comfortably covers the annual dividend payout, and the company has delivered consistent per-share dividend increases over the past several years — a pattern that continued into the current period with a meaningful step-up. The primary concern is a notable debt load that expanded sharply in the most recent fiscal year, likely acquisition-related, which warrants monitoring. Near-term revenue has come in slightly below estimates, but earnings quality remains solid and the core business is defensively positioned.

03Things to watch

Debt load surged sharply; refinancing risk warrants close attention

Revenue consistently missing estimates across recent quarters

Elevated CapEx cycle compressing free cash flow headroom

04How WM compares

We track 48 dividend stocks in Industrials. WM ranks 25 of 48 in safety.

Computed June 15, 2026 (14 days ago). Methodology backtested against historical dividend cuts · How we score

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Informational only — not investment advice. This score is an algorithmic interpretation of public financial data. Companies' financial situations can change rapidly; always do your own research or consult a licensed advisor before investment decisions.

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