Republic Services, Inc. (NYSE:RSG) Declares Quarterly Dividend of $0.67

Republic Services, Inc. (NYSE:RSG) announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Friday, October 2nd will be given a dividend of $0.67 per share by the business services provider on Thursday, October 15th. This represents a $2.68 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, October 2nd. This is a 7.2% increase from Republic Services’s previous quarterly dividend of $0.6250.

Republic Services has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 22 years. Republic Services has a dividend payout ratio of 35.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Republic Services to earn $8.00 per share next year, which means the company should continue to be able to cover its $2.68 annual dividend with an expected future payout ratio of 33.5%.

Republic Services Price Performance

Shares of NYSE:RSG opened at $212.05 on Wednesday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.12. The firm has a market capitalization of $64.93 billion, a PE ratio of 30.03, a P/E/G ratio of 3.53 and a beta of 0.40. Republic Services has a twelve month low of $196.41 and a twelve month high of $233.42. The company has a 50-day moving average price of $217.43 and a two-hundred day moving average price of $214.27.

Republic Services (NYSE:RSG) last posted its quarterly earnings results on Thursday, August 6th. The business services provider reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.04. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.36 billion. Republic Services had a net margin of 12.94% and a return on equity of 18.69%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.77 earnings per share. Republic Services has set its FY 2026 guidance at 7.230-7.280 EPS. Equities analysts forecast that Republic Services will post 7.27 EPS for the current year.

About Republic Services

Republic Services, Inc (NYSE:RSG) is an environmental services company that provides non-hazardous solid waste collection, transfer, disposal and recycling services. Its customers include households, businesses, industrial facilities and municipalities.

The company’s operations include residential and commercial waste collection, roll-off and temporary container services, landfill management, transfer stations, recycling processing and related environmental solutions. Republic also provides services involving hazardous waste, organics, energy recovery and other specialized waste streams through selected operations.

Republic Services serves communities and customers across the United States, with operations spanning a broad network of collection, transfer, recycling and disposal facilities.