Waste Connections Inc (TSE:WCN) Announces $0.21 Quarterly Dividend

Waste Connections Inc (TSE:WCN) announced a quarterly dividend on Wednesday, October 28th, Zacks reports. Stockholders of record on Tuesday, November 10th will be given a dividend of 0.205 per share on Wednesday, November 25th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date of this dividend is Monday, November 9th.

Shares of Waste Connections stock traded down C$0.03 during trading on Friday, reaching C$131.62. 83,469 shares of the stock were exchanged, compared to its average volume of 389,463. The company has a quick ratio of 1.35, a current ratio of 1.45 and a debt-to-equity ratio of 77.07. The stock’s fifty day moving average is C$135.51 and its 200 day moving average is C$130.26. The firm has a market cap of $34.61 billion and a price-to-earnings ratio of 168.14. Waste Connections has a 1 year low of C$100.55 and a 1 year high of C$141.49.

Waste Connections (TSE:WCN) last posted its earnings results on Thursday, August 6th. The company reported C$0.83 earnings per share for the quarter, topping the Zacks’ consensus estimate of C$0.75 by C$0.08. The firm had revenue of C$1.81 billion for the quarter, compared to analysts’ expectations of C$1.76 billion. Equities analysts forecast that Waste Connections will post 2.81 earnings per share for the current year.

Separately, ATB Capital increased their target price on shares of Waste Connections from C$135.00 to C$145.00 in a report on Monday, August 10th.

In related news, Senior Officer James M. Little sold 5,000 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of C$134.58, for a total value of C$672,883.86. Following the completion of the transaction, the insider now directly owns 22,014 shares of the company’s stock, valued at C$2,962,573.06.

Waste Connections Company Profile

Waste Connections, Inc 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, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.

Read More: What is a support level?

Dividend History for Waste Connections (TSE:WCN)

Receive News & Ratings for Waste Connections Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waste Connections and related companies with MarketBeat.com's FREE daily email newsletter.