December 15, 2025 05:01 AM GMT US Equity Strategy | North America Weekly Warm-up: Fed Actions Support Our "Run It Hot" Thesis, but Are They Enough? The Fed executed a slightly less "hawkish" cut than expected and surprised by restarting asset purchases—a bullish signal, supporting our views, but liquidity proxies traded poorly on Friday. If this continues, it'll keep us focused on the near-term risk the Fed may not be doing enough…yet. M Idea Morgan Stanley & Co. LLC Michael J Wilson Equity Strategist M.Wil ...

HOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) today announced that its Board of Directors has approved a capital allocation program that includes a planned 14.5% increase in the 2026 dividend rate and a new $3 billion share repurchase authorization, superseding the authority remaining under the prior $1.5 billion repurchase authorization announced in 2023. The planned quarterly dividend rate of $0.945 per share in 2026, up from $0.825 per share in 2025, marks the twenty-third consecutive year of divi. ...

Key Takeaways WM outpaced its industry with a 3.7% gain, supported by its waste, recycling and energy infrastructure.Pricing discipline, cost control and the Stericycle acquisition bolster WM's growth outlook.WM's long dividend history appeals to investors, though its current ratio trails the industry average.Shares of Waste Management (WM) have gained 3.7% over the past month, exceeding 1.2% growth of the industry.The company has a Growth Score of B. This style score condenses key financial metrics to refl ...

Brett Ashcroft Green, CFP® is a CERTIFIED FINANCIAL PLANNER™. His family also operates a real estate brokerage in Nevada, one of the most tax-advantaged jurisdictions in the United States for retiring, estate planning, and establishing trusts. He holds an MBA and has worked with high-net-worth and ultra-high-net-worth individuals globally, specializing in private credit and commercial real estate mezzanine financing as a business director at a large family office. Brett is fluent in Mandarin Chinese in both ...

Group 1 - Brett Ashcroft Green is a CERTIFIED FINANCIAL PLANNER™ with extensive experience in private credit and commercial real estate mezzanine financing [1] - He has worked with high-net-worth and ultra-high-net-worth individuals globally, indicating a strong focus on affluent clientele [1] - His professional background includes collaboration with leading commercial real estate developers such as The Witkoff Group and Fortress Investment Group [1] Group 2 - The article does not provide any specific financial data or performance metrics related to companies or industries [2][3][4]

December 8, 2025 05:01 AM GMT Thematic Alpha & Consumer | North America Consumer & Retail Conference Wrap Up: Thematic Takeaways and Answers to Key Questions Several key themes emerged from our consumer & retail conference including soft macro & the K-Economy, social & agentic commerce, AI adoption, health, wellness, & GLP-1s, and tariffs. We also include analyst takeaways on the health of the consumer by industry and answers to key questions. Last week, Morgan Stanley hosted its annual Global Consumer & Re ...

Core Viewpoint - Waste Management has a strong dividend history and cash flow coverage, despite recent earnings volatility, raising questions about the sustainability of its dividend amidst financial pressures [1][10]. Dividend Information - The annual dividend is $3.225 per share, yielding 1.51% with a recent increase of 7.1% [1]. - The company has maintained over 20 consecutive years of dividend increases, including during the pandemic [6]. - The five-year compound annual growth rate (CAGR) for dividends is 5.3%, with 2025 marking the largest increase in years at 7.1% [8][7]. Cash Flow and Payout Ratios - In 2024, Waste Management paid $1.21 billion in dividends against $2.16 billion in free cash flow, resulting in a 56.0% free cash flow payout ratio [2]. - The earnings payout ratio is 41.6%, indicating a healthy distribution of earnings [3]. - Operating cash flow coverage is strong at 4.5 times, with operating cash flow increasing by 69% from $3.18 billion in 2017 to $5.39 billion in 2024 [3]. Debt and Leverage - The company has a total debt of $23.36 billion against $9.52 billion in equity, leading to a debt-to-equity ratio of 2.45x, which is considered elevated [4]. - The net debt-to-EBITDA ratio stands at 3.19x, which is manageable for a capital-intensive business [5]. - Interest coverage is adequate at 4.4x, providing a cushion for debt obligations [5]. Management Perspective - CEO Jim Fish describes Waste Management as a "forever stock," emphasizing the company's strategy to generate consistent long-term value [9]. - In 2024, the company returned $1.47 billion to shareholders through dividends and buybacks, with a shift towards dividends reinforcing confidence among income investors [9]. Dividend Safety - The dividend is considered safe due to the 56% free cash flow payout ratio and 50.9% earnings payout ratio, providing a substantial cushion against earnings volatility [10]. - Management projects a return to targeted leverage levels by mid-2026, with synergies from the Stericycle acquisition tracking positively [10].

Group 1 - Waste Management Inc. (NYSE: WM) shares reached an all-time high of $242.58 in June [1]

North America's largest trash hauler has had a rough year. Should long-term investors be upset?WM (WM +1.30%) is the top trash hauler and landfill operator in North America, but that doesn't necessarily mean its stock is a top performer. And if it isn't, aren't investors almost obligated to make plenty of "trash" jokes about its performance?Here's how the company, formerly known as Waste Management, has been doing for investors recently, and what it tells potential investors about this industrial stalwart. ...

PresentationAt this point, I'm very pleased to welcome Brian Penny. He's the Chief Executive Officer of Wallbridge Mining Company, which trades on the OTCQB Venture Market under the symbol WLBMF and on the TSX under the symbol WM. Welcome back, Brian.Welcome to Virtual Investor Conferences. On behalf of OTC Markets, we're very pleased you joined us for the Precious Metals and Critical Minerals Conference. Our next presentation is from Wallbridge Mining Company. Please note, you may submit questions for the ...