Waste Connections (WCN) Raises Quarterly Dividend 13% to $0.13; Extends Buyback Plan
Waste Connections (NYSE: WCN) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. This is a 13% increase from the prior dividend of $0.115. The dividend will be payable on November 18, 2014, to stockholders of record on November 4, 2014, with an ex-dividend date of October 31, 2014. The annual yield on the dividend is 1.1 percent.
The Company also announced that its Board of Directors has extended the term of its existing $1.2 billion common stock repurchase program through December 31, 2017. As of September 30, 2014, the remaining maximum dollar value of shares available for repurchase under the program was approximately $416 million.
For a dividend history and other dividend-related data on Waste Connections (WCN) click here.
