Waste Connection Stock Price, News & Analysis

Waste Connections has declared a quarterly cash dividend of $0.205 per common share, payable on September 1, 2021, to shareholders on record by August 18, 2021. This decision reflects the Board's ongoing commitment to returning value to shareholders, with a stated intention to review quarterly dividends each October and potentially increase them in the future. Shareholders' dividends will be distributed in U.S. or Canadian dollars based on their registration with respective depositaries.

Waste Connections (WCN) will announce its Q2 2021 financial results on August 4, 2021, after market close. An investor call will follow on August 5, 2021, at 8:30 AM ET. The company serves over seven million customers across 43 U.S. states and six Canadian provinces, providing non-hazardous waste solutions. In addition, Waste Connections plans to participate in key industry events, including the Raymond James Diversified Industrials Conference on August 24 and the RBC Global Industrials Conference on September 9.

On May 14, 2021, Waste Connections announced that all nominees for director positions were successfully elected during the annual shareholders meeting. Each director will serve until the next meeting or until their successor is appointed. The voting results indicate significant support for the nominees, with percentages of votes for each ranging from 85.73% to 99.94%. Also approved was the non-binding advisory compensation for named executives and the appointment of Grant Thornton LLP as the independent public accounting firm until the 2022 annual meeting.

Waste Connections (WCN) reported strong Q1 2021 results, with revenue of $1.396 billion, exceeding expectations, and a net income of $160.3 million. Adjusted EBITDA soared to $433.2 million, representing 31.0% of revenue, an increase of 80 basis points year-over-year. The company anticipates 10% growth in solid waste prices and volumes in Q2, driven by recovering solid waste activity. Adjusted free cash flow was $289.8 million, or 20.8% of revenue. The positive financial outlook reflects improving economic conditions post-COVID-19.

Waste Connections has declared a regular quarterly cash dividend of $0.205 U.S. per common share, set for payment on May 26, 2021. Shareholders of record by May 12, 2021 will benefit from this dividend. Payment will be in U.S. dollars for those whose shares are held by U.S. brokers, while Canadian dollar payments apply for shareholders with Canadian depositary accounts, based on the Bank of Canada's exchange rate. The Board intends to review quarterly dividends each October, aiming for long-term increases.

Waste Connections (WCN) announced it will disclose its financial results for Q1 2021 after market close on April 28, 2021. An investor conference call is scheduled for April 29 at 8:30 A.M. ET. This session will allow investors to discuss the results directly with company executives. The call will be accessible via dial-in or through a live audio webcast on the company's investor relations website. Additionally, Waste Connections executives will attend several industry conferences in Q2 2021, aiming to enhance investor relations and market engagement.

Waste Connections reported strong Q4 2020 results, with revenue of $1.398 billion and net income of $130.7 million ($0.50/share). Adjusted EBITDA reached $426.6 million, representing a 30.5% margin. The company expects a solid waste price and volume growth of 5% in 2021, anticipating revenues of $5.80 billion and net income of approximately $669 million. The company is focused on delivering double-digit growth in adjusted free cash flow and increasing shareholder returns through dividends and share repurchases.

Waste Connections has declared a regular quarterly cash dividend of $0.205 U.S. per common share, set to be paid on March 17, 2021, to shareholders of record by March 3, 2021. This decision reflects the Company's ongoing commitment to return value to its shareholders. The Board plans to review the dividend each October, aiming for long-term increases. Shareholders with shares held via U.S. depositaries will receive dividends in U.S. dollars, while those in Canadian depositaries will receive Canadian dollars at the Bank of Canada's exchange rate.

Waste Connections (WCN) announced it will report fourth quarter 2020 financial results on February 17, 2021, followed by a conference call on February 18 at 8:30 A.M. ET. Investors can access the call via phone or a live stream on the company's website. The company plans to participate in various investor events throughout the first quarter of 2021, including the ATB Annual Institutional Investor Conference and the Jefferies ESG Panel. Waste Connections serves more than seven million customers across the U.S. and Canada, providing integrated solid waste services.