Republic Services, Inc. (NYSE: RSG) has announced a significant increase in its quarterly dividend. The company’s Board of Directors has approved a 4.5 cent bump, bringing the new dividend to $0.580 per share. This marks the 21st consecutive year that Republic Services has raised its annual dividend, demonstrating a strong commitment to returning value to shareholders. The increased dividend will be paid on October 15, 2024, to shareholders of record on October 2, 2024.
Jon Vander Ark, President and Chief Executive Officer of Republic Services, highlighted the company’s dedication to shareholder returns. “We are raising our quarterly dividend by approximately 8 percent,” he stated. “This consistent increase reinforces our commitment to efficiently return cash to shareholders.”
Republic Services is a leading provider of environmental services, offering a comprehensive range of solutions to its customers. These include recycling, solid waste management, special waste disposal, hazardous waste handling, and field services. The company is committed to driving circularity and supporting decarbonization efforts, aligning with its vision to create a more sustainable future for all.
