Waste Connections Inc Dividend yield

Waste Connections Inc is part of Support Services business, which is part of Industrials industry. Waste Connections Inc is a company from Canada, and his stocks are publicly traded.

Waste Connections Inc stock dividend

Waste Connections Inc paid a total dividend of 353 million CAD last year, for a market value of 47,792 millions (Market Cap 47,547 millions). Waste Connections Inc dividend per share is 1.37 CAD, and his stock market price 185.24 CAD.

According to the chart below, where dividend yield is displayed, Waste Connections Inc has a dividend yield of 0.74%, lower than the amount offered by both the market average and companies from Canada. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Waste Connections Inc stocks dividend with other Support Services companies or other of the highest Canada dividend stocks list.

Waste Connections Inc Dividend Payout

About the ability of Waste Connections Inc to maintain his current dividend of CAD 1.37 per share, an amount that accounts for 0.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Waste Connections Inc payout on ernings is currently 27.29%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Waste Connections Inccan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Waste Connections Inc is CAD 10.23 per share, which is higher than the dividend per share paid by the company of CAD 1.37, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Waste Connections Inc, compared againt world market average, Canada companies, Industrials industry and Support Services sector companies.

Waste Connections Inc Dividend History

Below you will find a table with the historical evolution of Waste Connections Inc's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	CAD	Paypout	Shares*
Present	0.74%	1.37	27.29%	258
2022	0.77%	1.38	37.40%	257
2021	0.67%	1.16	0.00%	263
2020	0.63%	0.82	23.63%	264
2019	0.81%	0.96	29.72%	264
2018	0.86%	0.87	43.28%	264
2017	0.79%	0.70	44.03%	263
2016	0.94%	0.96	78.69%	176

*In millions

Waste Connections Inc Stock performance

Finally, last moth Waste Connections Inc showed a return of -0.50% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 1.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Support Services firms.