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.

TheStreet Ratings rates Waste Management as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Waste Management Ratings Report.

See our dividend calendar or top-yielding stocks list.
null

If you liked this article you might like

Week in Review: Stock Market Stages Bold Comeback In Spite of Rising Bond Yields

Week in Review: Stock Market Stages Bold Comeback In Spite of Rising Bond Yields

How to Boost Your Retirement: Cramer's 'Mad Money' Recap (Thursday 2/15/18)

How to Boost Your Retirement: Cramer's 'Mad Money' Recap (Thursday 2/15/18)

Waste Management Jumps on 'Exceptional' Earnings, Strong 2018 Guidance

Waste Management Jumps on 'Exceptional' Earnings, Strong 2018 Guidance

Dow Jumps Over 300 Points, Posting Its Fifth Straight Day of Gains

Dow Jumps Over 300 Points, Posting Its Fifth Straight Day of Gains

Waste Management Is Set to Retest Its Highs, Raise Stop Protection

Waste Management Is Set to Retest Its Highs, Raise Stop Protection