Waste Management (WM) is the largest waste and recycling company in North America and has an impressive dividend profile.
The company provides mission critical services, possesses a strong moat, and has been a consistent cash flow generator over the last decade, just like many of the best high dividend stocks here.
Its scale and essential services are advantages that have allowed Waste Management to grow its dividend consistently over the last 14 years.
Chilton Capital's REIT Composite was up 6.1% last month, compared to the MSCI U.S. REIT Index, which gained 4.4%. Year to date, Chilton is up 6.3% net and 6.5% gross, compared to the index's 8.8% return. The firm met virtually with almost 40 real estate investment trusts last month and released the highlights of those Read More
Let’s take a closer look at Waste Management to learn why it is a core holding in Bill Gates dividend portfolio and see if it is attractively priced today.