TORONTO, ON, Oct. 27, 2021 /PRNewswire/ -- Waste
Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the
"Company") today announced that its Board of Directors has declared
a regular quarterly cash dividend on the Company's common shares,
and approved a 12.2% increase in the dividend. The regular
quarterly cash dividend, which increases to $0.23 U.S. per common share of the Company from
$0.205 U.S. per common share of the
Company, will be paid on November 23,
2021 to shareholders of record on the close of business on
November 9, 2021. The Board
intends to review the quarterly dividend each October, with a
long-term objective of increasing the amount of the dividend.
Shareholders of Waste Connections whose common shares are held
by a bank or broker that participates in U.S. depositary DTC will
receive payment of their dividends in U.S. dollars.
Shareholders of Waste Connections whose common shares are held by a
bank or broker that participates in Canadian depositary CDS will
receive payment of their dividends in Canadian dollars, calculated
based on the Bank of Canada's
daily average exchange rate on November 9,
2021. Shareholders of Waste Connections who hold their
shares in direct registration with Computershare, the Company's
transfer agent, will receive payment of their dividends in Canadian
dollars if they are residents of Canada, as reflected in Waste Connections'
shareholders register, and will receive their dividend payments in
U.S. dollars if they are not residents of Canada, including if they are residents of the
U.S.
About Waste Connections
Waste Connections is an integrated solid waste services company
that provides non-hazardous waste collection, transfer and disposal
services, along with resource recovery primarily through recycling
and renewable fuels generation. The Company serves more than
eight million residential, commercial and industrial customers in
mostly exclusive and secondary markets across 44 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., as well as intermodal
services for the movement of cargo and solid waste containers in
the Pacific Northwest. For more information, visit Waste
Connections at www.wasteconnections.com.
Safe Harbor and Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995 ("PSLRA"), including
"forward-looking information" within the meaning of applicable
Canadian securities laws. These forward-looking statements are
neither historical facts nor assurances of future performance and
reflect Waste Connections' current beliefs and expectations
regarding future events and operating performance. These
forward-looking statements can be identified by the use of
forward-looking terminology such as "believes," "expects,"
"intends," "may," "might," "will," "could," "should" or
"anticipates," or the negative thereof or comparable terminology,
or by discussions of strategy. All of the forward-looking
statements included in this press release are made pursuant to the
safe harbor provisions of the PSLRA and applicable Canadian
securities laws. Forward-looking statements involve risks and
uncertainties. Forward-looking statements in this press release
include, but are not limited to, statements about the timing and
amount of cash dividends. Important factors that could cause
actual results to differ materially from those in the
forward-looking statements include, but are not limited to, risk
factors detailed from time to time in the Company's filings with
the SEC and the securities commissions or similar regulatory
authorities in Canada. You should
not place undue reliance on forward-looking statements, which speak
only as of the date of this press release. Waste Connections
undertakes no obligation to update the forward-looking statements
set forth in this press release, whether as a result of new
information, future events, or otherwise, unless required by
applicable securities laws.
CONTACT:
|
|
Mary Anne Whitney /
(832) 442-2253
|
Joe Box / (832)
442-2153
|
maryannew@wasteconnections.com
|
joe.box@wasteconnections.com
|
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SOURCE Waste Connections, Inc.