This Boring Dividend Stock Just Hit an All-Time High and No One Is Talking About It

When it comes to titans in the industrial sector, maybe you think of a defense contractor like RTX or Lockheed Martin, an industrial conglomerate like General Electric or Honeywell, a railroad like Union Pacific, or an original equipment manufacturer like Caterpillar or Siemens.

Chances are you don't think about one of the most important yet boring industries out there -- waste management. Specifically, the collection, transportation, and sorting of waste and recycling. WM (WM), formerly known as Waste Management, does it all and has a dominant position as the largest company in its industry. It hit a new intraday all-time high on Jan. 17 before closing at an all-time high on Jan. 18.

Source: Motley Fool

Related Articles:

- A Winning Investment Strategy

- 3 Dividend Stocks With A 20% Yield In 20 Years

- You Can't Spend Earnings 

- 3 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 2.7% 

- Finding Low Risk Dividend Stocks