#Canada #Toronto #dividend increase #Shareholder Returns #Waste Connections

Waste Connections Reports Substantial Quarterly Dividend Increase

Waste Connections, Inc. has made an exciting announcement that is sure to please its shareholders. The company, which is known for its integrated solid waste services, has declared an 11.1% increase in its quarterly dividend. This decision comes from a recent meeting of the Board of Directors, which emphasizes the company's commitment to providing value to its investors.

The new quarterly cash dividend will increase to $0.35 per common share from the previous rate of $0.315. This increase will be payable on November 20, 2025, to those shareholders who are recorded as of the close of business on November 5, 2025. The company aims to review its quarterly dividend each October, reinforcing its long-term objective of consistent dividend growth.

Shareholders from the United States holding their shares via banks or brokers participating in the U.S. depositary DTC will receive their dividends in U.S. dollars. Alternatively, Canadian shareholders will receive their dividends in Canadian dollars, as calculated by the Bank of Canada's average exchange rate on November 5. This flexibility illustrates Waste Connections’ understanding of its diverse shareholder base.

Overview of Waste Connections

Waste Connections serves approximately nine million customers across both commercial and residential sectors in a variety of exclusive and secondary markets throughout 46 states in the U.S. and six provinces in Canada. The company’s range of services includes waste collection, transfer, and disposal, highlighting its significant role in solid waste management.[^1]

In addition to conventional waste services, Waste Connections stands out in the industry through its focus on environmental sustainability. The company is actively involved in resource recovery to generate renewable fuels and recycles materials, demonstrating a robust commitment to Environmental, Social, and Governance (ESG) principles. This approach not only helps mitigate emissions but also enhances safety and employee engagement.

With Waste Connections having announced plans to continue increasing dividends yearly, it could serve as a solid long-term investment option for those seeking stability and growth in their portfolio. This increase reflects the company’s confidence in its operational strategies and ongoing commitment to enhancing shareholder value.

Forward-Looking Statements

It's essential to note that this announcement includes forward-looking statements, which reflect the company's expectations about future events and performance. Such statements involve various risks and uncertainties that could cause actual results to differ from the estimates or expectations expressed.

The company does not undertake any obligation to update these forward-looking statements unless required by securities laws. Investors and stakeholders are encouraged to stay updated with the company's further communications, ensuring they remain informed of all developments related to dividends and corporate performance.

In summary, Waste Connections’ dividend increase signifies financial strength and operational success, instilling confidence in its shareholders and paving the way for future growth.