Republic Services: Defensive Business At A Reasonable Price $RSG

Dividend | Stock | Investing | Valuation

Republic Services (RSG) is a leader in the waste collection and landfill space. It's not something that you'd brag about owning at parties; however, it's highly likely to make you wealthy given enough time.

Republic Services offers waste collection, disposal, recycling, landfill gas-to-energy, and many other services. Republic Services claims to be in the #1 or #2 position in 95% of the markets they operate in which is an enviable stop near the top.

The waste collection and recycling markets are highly fragmented which allows for the potential for Republic Services to continue to grow through acquisitions.

Republic Services Investor Presentation

Republic Services Investor Presentation (Republic Services Investor Presentation)

Dividend History

One of the things that drew me to dividend growth investing is that dividends are always a positive source of returns. Once that cash hits your account it's forever etched as a gain on that investment. Of course that doesn't mean that the investment will always workout; however, by building a portfolio such that you don't have to rely on the whims of the market when it's time to reap the benefits of your saving and investing is a good place to be.

Republic Services (RSG) Dividend History

Republic Services Dividend History (Republic Services Investor Relations)

Republic Services is a Dividend Contender with 19 consecutive years of dividend growth and well on its way to becoming a Dividend Aristocrat. Republic Services' dividend growth streak began in 2003 and has survived both the recent COVID calamity as well as the housing bust and ensuing recession.

dividend stock analysis, DIY, value investing, long term investing