Waste Not, Want Not

Josh Peter, editor of Morningstar Dividend Investor, and peer Bradley Meeks talk about a potential dividend star in their column found on MoneyShow.com. Waste Management (WMI) is the largest US based trash firm and with margins of 15% there's a case to be made for the potential of dividend growth in the future.

"As Waste Management maintains disciplined pricing, we expect gains in operating margins and share repurchases to drive WMI’s per-share earnings and dividend growth potential more than revenue growth. Though near-term increases may be restrained by a weak economy, our long-run forecast supports a 7% average growth rate for the dividend."

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