SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): July 27, 2022
Republic Services, Inc.
(Exact name of registrant as specified in its charter)
| || || || || |
|Delaware|| ||1-14267|| ||65-0716904|
|(State or other jurisdiction of|
| ||(Commission File Number)|| ||(IRS Employer Identification No.)|
| || || |
|18500 North Allied Way|| || |
|Phoenix, ||Arizona|| ||85054|
|(Address of principal executive offices)|| ||(Zip Code)|
Registrant’s telephone number, including area code: (480) 627-2700
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act:
Title of Each Class
|Name of exchange on which registered|
Common Stock, par value $0.01 per share
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
|Emerging growth company||☐|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01 Other Events.
On July 27, 2022, the Board of Directors of Republic Services, Inc. (the "Company") approved a 3.5-cent increase in the Company's regular quarterly dividend to $0.495 per share. The dividend will be paid on October 14, 2022 for shareholders of record on October 3, 2022. The Company issued a press release announcing the increased dividend, a copy of which is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
| || || |
|Exhibit No.|| ||Description|
| ||Press release of Republic Services, Inc. issued July 28, 2022 to announce the Board of Director's approval of a 3.5-cent increase in the Company's regular quarterly dividend to $0.495 per share.|
|104||Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ||REPUBLIC SERVICES, INC.|
|Date:||July 28, 2022||By: ||/s/ Catharine D. Ellingsen|
| || ||Catharine D. Ellingsen|
| || ||Executive Vice President, Chief Legal Officer, Chief Ethics & Compliance Officer and Corporate Secretary|
Republic Services, Inc. Increases Quarterly
Dividend to $0.495 Per Share
PHOENIX (July 28, 2022) – Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors has approved a 3.5-cent increase in the Company’s regular quarterly dividend. The quarterly dividend of $0.495 per share will be paid on October 14, 2022, to shareholders of record on October 3, 2022.
"We are raising our quarterly dividend by approximately 8 percent," said Jon Vander Ark, president and chief executive officer. "This is the nineteenth consecutive year we've increased our annual dividend, which demonstrates our commitment to efficiently return cash to shareholders."
About Republic Services
Republic Services, Inc. is a leader in the U.S. environmental services industry. Through its subsidiaries, the Company provides superior service offerings while partnering with customers to create a more sustainable world. For more information, visit RepublicServices.com, or follow us at Facebook.com/RepublicServices, @RepublicService on Twitter or Republic Services on LinkedIn.
|For more information, contact:|
Donna Egan (480) 757-9770
Aaron Evans (480) 718-0309