#Canada #Dividend #Toronto #cash payment #Waste Connections

Waste Connections Declares Regular Quarterly Cash Dividend

On February 12, 2025, Waste Connections, Inc. (TSX/NYSE: WCN) officially announced that its Board of Directors has approved a regular quarterly cash dividend of $0.315 per common share. This dividend is scheduled to be paid on March 13, 2025, to all shareholders who are registered by the close of business on February 27, 2025. The determination of the dividend amount will be revisited every October, aligning with the company's long-term objectives of increasing shareholder returns.

The announcement underscores Waste Connections' commitment to generating value for its shareholders. Shareholders holding their shares with banks or brokers participating in U.S. depositary DTC will receive their dividends in U.S. dollars. Conversely, those whose shares are held with Canadian depositary CDS will be paid in Canadian dollars, with the exchange rate pegged to the Canadian Bank's daily average on the dividend eligibility date. Shareholders directly registered with Computershare will receive their dividends in accordance with their residency status.

A Look at Waste Connections

Waste Connections operates as an integrated solid waste services company, not just focusing on waste collection but also on resource recovery through innovative recycling and renewable fuels generation. The company serves about nine million residential and commercial customers across 46 U.S. states and multiple provinces in Canada.

The company has positioned itself to provide not only traditional waste services but also includes non-hazardous oilfield waste treatment and recovery services across various regions. Its expansive and diversified operations include intermodal services for the efficient movement of cargo and solid waste containers, particularly in the Pacific Northwest, making it a vital entity in the waste management sector.

Waste Connections aims to integrate Environmental, Social, and Governance (ESG) principles throughout its operations. The company's ESG initiatives strive for long-term value creation by focusing on emission reduction, enhancing resource recovery capabilities, and minimizing reliance on off-site disposal for landfill leachate. These efforts contribute to safer working conditions, higher employee engagement, and a sustainable operational framework.

As the company furthers its progress towards its sustainability goals, stakeholders can stay informed about updates and achievements via its dedicated sustainability website.

Forward-Looking Statements

It’s important to note that this press release includes forward-looking statements in line with U.S. securities laws. These statements, representative of Waste Connections' current expectations about future performance, include various risks and uncertainties that may cause actual results to differ materially. Stakeholders are encouraged not to place undue reliance on these projections as they are subject to change.

Overall, Waste Connections remains focused on enhancing shareholder value while ensuring responsible waste management practices that contribute positively to the environment. The company's commitment to timely dividends reflects its solid financial standing and market confidence, promising an ongoing commitment to its investors and stakeholders.

For additional information regarding the upcoming dividend and investor queries, interested parties can contact Mary Anne Whitney or Joe Box at the company’s headquarters.