Waste Connections Inc (TSE:WCN) announced a quarterly dividend on Monday, October 28th, Zacks reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.185 per share on Tuesday, November 26th. This represents a $0.74 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Friday, November 8th.
Shares of TSE WCN traded up C$1.19 during trading on Wednesday, hitting C$119.51. 149,534 shares of the company were exchanged, compared to its average volume of 306,064. Waste Connections has a 12-month low of C$96.16 and a 12-month high of C$128.98. The company has a debt-to-equity ratio of 62.63, a quick ratio of 0.99 and a current ratio of 1.11. The company has a fifty day moving average price of C$121.12 and a 200-day moving average price of C$122.99. The firm has a market capitalization of $32.36 billion and a PE ratio of 55.45.
In related news, Senior Officer Patrick J. Shea sold 11,610 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of C$121.91, for a total transaction of C$1,415,337.39. Following the completion of the sale, the insider now directly owns 26,269 shares of the company’s stock, valued at approximately C$3,202,368.47. Also, Director Edward E. Guillet sold 20,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of C$119.34, for a total value of C$2,386,890.00. Following the sale, the director now directly owns 41,193 shares of the company’s stock, valued at C$4,916,157.99.
WCN has been the topic of several analyst reports. KeyCorp upgraded Waste Connections from a “sector perform” rating to an “overweight” rating in a report on Friday, October 18th. Royal Bank of Canada cut their price objective on Waste Connections from C$102.00 to C$100.00 and set an “outperform” rating for the company in a research report on Wednesday, July 31st.
About Waste Connections
Waste Connections, Inc provides waste collection, transfer, disposal, and recycling services in the United States and Canada. The company operates through six segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production (E&P). It offers collection services to residential, commercial, municipal, industrial, and E&P customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.
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