Republic Services, Inc. (RSG) To Go Ex-Dividend on April 2nd

Republic Services, Inc. (NYSE:RSG) announced a quarterly dividend on Thursday, February 12th. Stockholders of record on Thursday, April 2nd will be given a dividend of 0.625 per share by the business services provider on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 2nd.

Republic Services has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 22 consecutive years. Republic Services has a payout ratio of 33.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Republic Services to earn $7.51 per share next year, which means the company should continue to be able to cover its $2.52 annual dividend with an expected future payout ratio of 33.6%.

Republic Services Stock Up 2.8%

Shares of NYSE RSG opened at $221.78 on Tuesday. Republic Services has a 12-month low of $201.42 and a 12-month high of $258.75. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 1.08. The firm has a market cap of $68.52 billion, a PE ratio of 32.38, a P/E/G ratio of 3.57 and a beta of 0.54. The company’s fifty day simple moving average is $221.28 and its 200 day simple moving average is $218.08.

Republic Services (NYSE:RSG) last announced its quarterly earnings data on Tuesday, February 17th. The business services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, sell-side analysts forecast that Republic Services will post 6.86 earnings per share for the current fiscal year.

Republic Services Company Profile

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic’s core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.