Waste Management's CAGR for dividend growth trend.
1 YR = 2.8%
3 YR = 5.0%
5 YR = 6.2%
10 YR = 64.6%
Current payout ratio = 65%
Analyst estimates are for a 7% EPS growth rate over the next 5 years, which is suspect to me as estimates have come down for both 2014 and 2015 over the last 60 days and the growth rate over the last 5 years has been just 2.6%.
You could do worse with a 3.6% payout, but if I'm looking for that slow of growth I'd park it in VZ, T or a utility and pick up an extra 1-2% yield.
1 YR = 2.8%
3 YR = 5.0%
5 YR = 6.2%
10 YR = 64.6%
Current payout ratio = 65%
Analyst estimates are for a 7% EPS growth rate over the next 5 years, which is suspect to me as estimates have come down for both 2014 and 2015 over the last 60 days and the growth rate over the last 5 years has been just 2.6%.
You could do worse with a 3.6% payout, but if I'm looking for that slow of growth I'd park it in VZ, T or a utility and pick up an extra 1-2% yield.