Waste Connections: Dividend Insights
Portfolio Pulse from Benzinga Insights
Waste Connections (NYSE:WCN) announced a quarterly dividend of 28.5 cents per share, going ex-dividend on Tuesday. Shareholders owning the stock by the end of Monday are eligible for the payout on March 13, 2024. The stock is expected to open 28.5 cents lower on the ex-dividend date.
February 22, 2024 | 2:45 pm
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Waste Connections announces a quarterly dividend of 28.5 cents per share, with the stock going ex-dividend on Tuesday. Eligible shareholders must own the stock by Monday for the March 13, 2024 payout.
The announcement of a dividend payout typically leads to a short-term decrease in the stock price to reflect the payout value, as indicated by the expected opening price being 28.5 cents lower on the ex-dividend date. This is a common market reaction to dividend payouts.
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