Republic Services Inc. Plans Quarterly Dividend of $0.26 (RSG)
Republic Services (NYSE:RSG) declared a quarterly dividend on Thursday, February 6th, Stock Ratings Network.com reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.26 per share on Tuesday, April 15th. This represents a $1.04 dividend on an annualized basis and a yield of 3.26%.
Several analysts have recently commented on the stock. Analysts at Macquarie initiated coverage on shares of Republic Services in a research note to investors on Tuesday, January 7th. They set a “neutral” rating on the stock. On the ratings front, analysts at Zacks downgraded shares of Republic Services from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 3rd. They now have a $37.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Republic Services from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, November 21st. They now have a $36.00 price target on the stock. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Republic Services presently has a consensus rating of “Hold” and an average price target of $36.71.
Republic Services (NYSE:RSG) traded up 1.01% during mid-day trading on Thursday, hitting $31.87. The stock had a trading volume of 1,373,900 shares. Republic Services has a 52-week low of $29.96 and a 52-week high of $35.61. The stock’s 50-day moving average is $32.52 and its 200-day moving average is $33.56. The company has a market cap of $11.476 billion and a price-to-earnings ratio of 23.90.
Republic Services, Inc (NYSE:RSG) is a provider of services in the domestic non-hazardous solid waste industry.
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