#Canada #Dividend #Shareholders #Toronto #Waste Connections

Waste Connections Declares Regular Quarterly Cash Dividend

Waste Connections, Inc. (TSX/NYSE: WCN), a leading provider of integrated solid waste services, made an important announcement regarding its financial commitments to shareholders. On April 23, 2025, the company’s Board of Directors declared a regular quarterly cash dividend amounting to $0.315 per common share. This decision reflects the company’s dedication to returning value to its shareholders while maintaining a stable financial foundation.

Details of the Dividend Payment

The upcoming quarterly cash dividend will be paid out on May 22, 2025, for those shareholders whose names appear on the company's records by the close of business on May 7, 2025. This structured timeline allows shareholders ample time to prepare and indicates Waste Connections' organized approach to shareholder relations.

Moreover, the company has indicated that its Board of Directors will review the dividend payment on a quarterly basis, with an aim to potentially increase the amount over time. This is a positive signal for investors, suggesting that Waste Connections is confident about its future earnings potential and its ability to enhance shareholder returns.

For shareholders whose common shares are managed by banks or brokers participating in the U.S. depositary DTC, dividend payments will be issued in U.S. dollars. Conversely, those represented by banks or brokers in the Canadian depositary CDS will receive dividends in Canadian dollars, ensuring users benefit from their respective currencies. Shareholders with direct registration through Computershare will receive dividends in Canadian dollars if they reside in Canada or in U.S. dollars if they are located elsewhere, including the United States.

About Waste Connections

Waste Connections operates primarily in the realm of non-hazardous waste collection, transfer, and disposal. They offer extensive services including recycling and renewable fuels generation, serving approximately nine million residential, commercial, and industrial customers across 46 states in the U.S. and six provinces in Canada. Their operations also extend to treating and recovering non-hazardous oilfield waste in several U.S. and Canadian basins.

The company emphasizes its commitment to Environmental, Social, and Governance (ESG) principles, underscoring that their sustainability initiatives are integral to their business strategy. They focus on reducing emissions and increasing the recovery of recyclable commodities, aligning with global sustainability trends and customer expectations for environmentally responsible practices.

Shareholders can find detailed information and updates about the company's progress towards ESG goals on the Waste Connections official website.

In conclusion, Waste Connections' declaration of a regular quarterly cash dividend not only showcases its solid financial health but also reflects its commitment to valuing and engaging with its shareholders. As they navigate the future, remains to be seen how the company will enhance this strategy and continue to ensure sustainable growth and profitability.