Republic Services (RSG) will raise its quarterly dividend by 7.8 percent to $0.345 per share. The new dividend will be paid on Oct. 16, 2017, to shareholders of record on Oct. 2, 2017.

Donald W. Slager, president and chief executive officer, said, "The increase in our quarterly dividend of 8 percent demonstrates our commitment to increase cash returned to shareholders. This is the eighth year in a row we've increased our quarterly dividend which speaks to the stability and predictability of our cash flows."

Republic Services, Inc. is a U.S. provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services. Apart from collection operations RSG also operates transfer stations, landfills, recycling processing centers, treatment, recovery and disposal facilities and salt water disposal wells. Republic Services is engaged in landfill gas-to-energy and renewable energy projects and has post-closure responsibility for closed landfills. RSG was incorporated in Delaware in 1996 and has paid a dividend since 2003. The company has operations in the United States and Puerto Rico.