Home / Business and Economy / Director Bets Big: $100K Invested in Republic Services (RSG)
Director Bets Big: $100K Invested in Republic Services (RSG)
23 Dec
Summary
- Director Katharine Weymouth invested $100.1K in Republic Services.
- Weymouth's average purchase price was $209.46 per share.
- Republic Services Inc. offers an annualized dividend of $2.5 per share.
Republic Services Inc. (RSG) is attracting attention as Director Katharine Weymouth made a substantial purchase of $100.1K in company stock over the last six months. Weymouth acquired shares at an average cost of $209.46. This insider transaction is often interpreted by investors as a strong signal of confidence in the company's intrinsic value and future prospects.
As of the current date, Republic Services shares were trading around $213.19, reflecting a modest increase. The stock's performance over the past year has seen a low of $199.43 and a high of $258.75. The company maintains a consistent dividend payout, with the current annualized dividend standing at $2.5 per share, distributed quarterly. The next ex-dividend date is scheduled for January 2, 2026.
This significant buy by a company insider provides valuable insight for investors monitoring the stock market. Such actions by directors, who possess deep knowledge of a company's operations, are frequently viewed as indicators of undervaluation or anticipated positive developments within the business. The company's dividend history also offers a basis for assessing the sustainability of its current yield.
