Waste Connections Announces Quarterly Dividend, Payable on November 23, 2021
October 27, 2021 at 04:05 pm EDT
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Waste Connections, Inc. announced that its Board of Directors has declared a regular quarterly cash dividend on the Company's common shares, and approved a 12.2% increase in the dividend. The regular quarterly cash dividend, which increases to $0.23 U.S. per common share of the Company from $0.205 U.S. per common share of the Company, will be paid on November 23, 2021 to shareholders of record on the close of business on November 9, 2021. The Board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount of the dividend.
Waste Connections, Inc. is a Canada-based integrated solid waste services company. The Company provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery through recycling and renewable fuels generation. The Company's segments include Southern, Western, Central, Eastern, Canada and MidSouth. Its residential services include residential garbage pickup, residential yard waste, residential recycling, residential dumpster rental, bulk pickup, and portable toilets. Its commercial services include commercial business waste collection, commercial recycling, shredding, commercial roll off dumpster rental, and others. It also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the United States, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. It serves over nine million residential, commercial and industrial customers.