Waste Connections, Inc. (TSE:WCN) Announces Quarterly Dividend of $0.39

Waste Connections, Inc. (TSE:WCN) declared a quarterly dividend on Thursday, November 5th. Stockholders of record on Thursday, November 19th will be given a dividend of $0.3850 per share on Thursday, November 19th. This represents a $1.54 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 5th.

Waste Connections Stock Up 0.2%

Shares of TSE WCN opened at C$268.18 on Friday. The company has a 50 day simple moving average of C$231.69 and a 200 day simple moving average of C$227.74. The firm has a market cap of C$67.11 billion, a PE ratio of 60.13, a price-to-earnings-growth ratio of 2.22 and a beta of 0.53. Waste Connections has a 1 year low of C$203.46 and a 1 year high of C$273.33. The company has a debt-to-equity ratio of 123.96, a current ratio of 0.67 and a quick ratio of 0.74.

Analyst Ratings Changes

Separately, UBS Group raised shares of Waste Connections from a “hold” rating to a “buy” rating and set a C$200.00 price target for the company in a research note on Friday, September 18th. Five investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy” and an average target price of C$200.00.

About Waste Connections

Waste Connections ( wasteconnections.com ) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. The Company serves approximately nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S.