Waste Management and Republic Services best suited for REITs, says Credit Suisse Credit Suisse said Waste Management (WM) and Republic Services (RSG) are best suited to convert to REITs given operating flexibility and significantly higher ROIC under a REIT conversion. The firm raised Waste Management's price target to $38 from $34 and Republic Services to $38 from $36.
News For WM;RSG From The Last 14 Days
Check below for free stories on WM;RSG the last two weeks.
Republic Services raises dividend to 28c from 26c Republic Services announced that its board of directors has approved a 2c increase in the company's regular quarterly dividend. The quarterly dividend of 28c per share will be paid on Oct. 15 to stockholders of record on Oct. 1. The company said, "Our Board of Directors increased the quarterly dividend by approximately 8%, which is consistent with our historical practice."