Waste Connections Declares Cash Dividend for Shareholders

Waste Connections Announces Cash Dividend Details
Waste Connections, Inc. (TSX/NYSE: WCN) has officially announced that its Board of Directors has declared a regular quarterly cash dividend of $0.315 per common share. This strategic decision reflects the company's commitment to providing shareholder value through consistent returns.
Payment Schedule and Currency Information
The announced cash dividend will be paid on a specified date to shareholders of record at the close of business a few weeks prior. Shareholders holding their common shares through banks or brokers participating in U.S. depositary DTC will receive their dividends in U.S. dollars. Conversely, shareholders whose shares are held by brokers in the Canadian depositary CDS will receive dividends in Canadian dollars, calculated based on the Bank of Canada's daily average exchange rate.
Assessment of Dividend Growth
The Board of Directors plans to conduct reviews of the quarterly dividend each October, underlining a long-term goal of increasing cash dividends to enhance shareholder returns. Such measures not only showcase the company’s solid financial foundation but also its dedication to rewarding its investors.
About Waste Connections
Waste Connections is more than just a waste management provider; it offers integrated solid waste services. This encompasses non-hazardous waste collection, transfer, and disposal. The company also emphasizes resource recovery through recycling and renewable fuels, serving approximately nine million customers across diverse markets. Its operations currently span across 46 states in the U.S. and several provinces in Canada.
Sustainability Efforts
With a significant focus on environmental responsibility, Waste Connections has adopted various initiatives that align with its Environmental, Social and Governance (ESG) goals. The company is actively working on several fronts, such as enhancing safety measures and increasing resource recovery efficiencies, aiming for long-term value creation and reduced emissions.
Contact Information
If you require more details or have any inquiries regarding the dividend announcement or the company's operations, please reach out to:
Mary Anne Whitney | (832) 442-2253
Joe Box | (832) 442-2153
Frequently Asked Questions
What is the announced cash dividend amount by Waste Connections?
The cash dividend amount announced by Waste Connections is $0.315 per common share.
When will the dividend be paid?
The dividend is scheduled to be paid on a date set in the announcement to shareholders of record at the close of business prior to the payment date.
In which currency will the dividends be paid?
The dividends will be paid in U.S. dollars for shares held in U.S. depositary and in Canadian dollars for shares held in Canadian depositary, based on the prevailing exchange rate.
How does Waste Connections assess its dividends?
The company reviews its quarterly dividend in October, with a long-term objective of potentially increasing the dividend amount at that time.
What services does Waste Connections offer?
Waste Connections provides comprehensive solid waste services, including non-hazardous waste collection, resource recovery through recycling and renewable fuels, and disposal services across various regions.
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