Waste Connections Inc (WCN) Raises Dividend to $0.21 Per Share

Waste Connections Inc (TSE:WCN) declared a quarterly dividend on Monday, October 29th, Zacks reports. Investors of record on Tuesday, November 13th will be paid a dividend of 0.207 per share on Tuesday, November 27th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Monday, November 12th. This is an increase from Waste Connections’s previous quarterly dividend of $0.18.

Shares of TSE WCN opened at C$98.80 on Wednesday. Waste Connections has a 52 week low of C$81.52 and a 52 week high of C$107.01.

Waste Connections (TSE:WCN) last issued its quarterly earnings results on Monday, October 29th. The company reported C$0.89 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.88 by C$0.01. The company had revenue of C$1.67 billion during the quarter, compared to the consensus estimate of C$1.66 billion.

In related news, Director Michael W. Harlan sold 11,900 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of C$79.30, for a total value of C$943,670.00. Also, insider David G. Eddie sold 20,000 shares of the firm’s stock in a transaction dated Friday, August 17th. The shares were sold at an average price of C$80.06, for a total value of C$1,601,200.00. Insiders sold 38,385 shares of company stock worth $3,063,670 over the last ninety days.

Separately, BMO Capital Markets raised their price target on Waste Connections from C$86.00 to C$88.00 in a research report on Wednesday, October 31st.

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Waste Connections Company Profile

Waste Connections, Inc, a solid waste services company, provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, office paper, plastic containers, glass bottles, and ferrous and aluminum metals.

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Dividend History for Waste Connections (TSE:WCN)

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