NEW YORK ( TheStreet) -- The ex-dividend date for Waste Management Inc (NYSE: WM) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 34 cents per share. At a price of $30.28 as of 9:31 a.m. ET, the dividend yield is 4.5%. The average volume for Waste Management has been 5.8 million shares per day over the past 30 days. Waste Management has a market cap of $14.06 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 18% year to date as of the close of trading on Wednesday. Waste Management, Inc., through its subsidiaries, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services. The company has a P/E ratio of 14.8, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter