Waste Connections Announces 10.5% Increase In Quarterly Dividend From $0.285 To $0.315 Per Share
Portfolio Pulse from Benzinga Newsdesk
Waste Connections, Inc. has announced a 10.5% increase in its quarterly dividend, raising it from $0.285 to $0.315 per share. The dividend will be paid on November 21, 2024, to shareholders of record as of November 7, 2024. The company aims to review and potentially increase the dividend annually.
October 23, 2024 | 8:42 pm
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POSITIVE IMPACT
Waste Connections, Inc. has increased its quarterly dividend by 10.5%, signaling strong financial health and commitment to returning value to shareholders. This move may attract income-focused investors.
The increase in dividend suggests that Waste Connections is performing well financially and is confident in its future cash flows. This is likely to be viewed positively by investors, particularly those focused on income, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100