The creator mentions holding Waste Management (WM) personally and having done well, but finds the current valuation multiples are getting a bit expensive.
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4 NEW Dividend Increases You Need to Know About!
The creator discusses the S&P 500's performance and highlights four dividend-paying stocks that have recently increased their dividends. The first stock analyzed is Clorox, which has a history of dividend increases but faces concerns regarding its free cash flow payout ratio and declining free cash flow, despite management's projections for future cash flow generation.
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Tickers discussed in this post
Republic Services (RSG) announced a 7.2% dividend increase, but the current forward PE multiple of 29.51 is considered expensive for its earnings growth.
Illinois Tool Works (ITW) had a respectable dividend increase, but its valuation is considered a bit rich given slow free cash flow and earnings growth.
Clorox announced a small dividend increase, but its high free cash flow payout ratio and declining free cash flow raise concerns despite management's positive outlook on future cash generation.
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