Republic Services: A Future Dividend Champion, Currently Overvalued
Republic Services(RSG) Seeking Alpha·2024-08-17 22:52
Spiderplay/iStock via Getty Images About the Company Republic Services Inc. (NYSE:RSG) is one of the leading companies in garbage collection and waste disposal. Thus far in 2024, RSG is outpacing the S&P 500 ETF (SPY) by a healthy margin, 22.7% to 14.4%. Even more impressive, over the past year Republic has outgained SPY by a much larger amount, 36.7% versus 21.3%. RSG typically trades at a premium due to its consistent and predictable earnings and strong pricing power. Additionally, Republic is a serial ac ...