Covanta Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
Covanta Holding Corporation (CVA) announced a quarterly cash dividend of $0.08 per share, to be paid on April 9, 2021. Stockholders of record as of March 25, 2021, will be eligible for this dividend. Covanta is recognized for its sustainable waste and energy solutions, with its Waste-to-Energy facilities converting around 21 million tons of waste annually into renewable electricity, powering one million homes.
Positive
- Quarterly cash dividend of $0.08 per share announced.
- Demonstrates company confidence and commitment to returning value to shareholders.
- Aims to enhance shareholder income.
Negative
- None.
News Market Reaction – CVA
In the trading session that priced this news, CVA gained 1.50%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MORRISTOWN, N.J., March 4, 2021 /PRNewswire/ -- Covanta Holding Corporation (NYSE: CVA) ("Covanta") today announced that the Board of Directors has declared a quarterly cash dividend of
About Covanta
Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta's modern Waste-to-Energy ("WtE") facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle 600,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today's most complex environmental challenges. For more information, visit covanta.com.
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SOURCE Covanta Holding Corporation