Why I Like Waste Management, Inc. (NYSE:WM)

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As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Waste Management, Inc. (NYSE:WM), it is a notable dividend-paying company with a an impressive history of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. If you’re interested in understanding beyond my broad commentary, take a look at the report on Waste Management here.

Solid track record established dividend payer

Over the past year, WM has grown its earnings by 66%, with its most recent figure exceeding its annual average over the past five years. In addition to beating its historical values, WM also outperformed its industry, which delivered a growth of 21%. This paints a buoyant picture for the company.

NYSE:WM Income Statement Export February 17th 19
NYSE:WM Income Statement Export February 17th 19

WM is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

NYSE:WM Historical Dividend Yield February 17th 19
NYSE:WM Historical Dividend Yield February 17th 19

Next Steps:

For Waste Management, I’ve compiled three key aspects you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for WM’s future growth? Take a look at our free research report of analyst consensus for WM’s outlook.
  2. Financial Health: Are WM’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of WM? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.