PHOENIX, July 28, 2016 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors has approved a 2-cent increase in the Company's regular quarterly dividend. The quarterly dividend of $0.32 per share will be paid on Oct. 14, 2016, to shareholders of record on Oct. 3, 2016.
Donald W. Slager, president and chief executive officer, said, "The Company increased the quarterly dividend by approximately 7 percent, which is consistent with our historical practice. This action demonstrates Republic's continued commitment to increase cash returns to our shareholders and confidence in the strength of our business."
About Republic Services
Republic Services, Inc. is an industry leader in U.S. recycling and non-hazardous solid waste. Through its subsidiaries, Republic's collection companies, recycling centers, transfer stations and landfills focus on providing effective solutions to make proper waste disposal effortless for its 14 million customers. We'll handle it from here.TM, the brand's promise, lets customers know they can count on Republic to provide a superior experience while fostering a sustainable Blue PlanetTM for future generations to enjoy a cleaner, safer and healthier world.
SOURCE Republic Services, Inc.