Waste Connections (MEX:WCNN) Dividend Payout Ratio: 0.29 (As of Mar. 2026) — 16% Above Median


MEX:WCNN Waste Connections Inc MEX:WCNN
87 GF Score
Price MXN2,800.00
GF Value MXN3,445.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Waste Connections Dividend Payout Ratio?

Waste Connections MEX:WCNN +6.82% 87 Dividend Payout Ratio is 0.29 as of Mar. 2026, which is 16% above its 10-year median of 0.25. GuruFocus rates MEX:WCNN with a GF Score™ of 87/100 and a GF Value™ of MXN3,445.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 100 Waste Management companies, Waste Connections ranks better than 70% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Waste Connections's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.29.

The historical rank and industry rank for Waste Connections's Dividend Payout Ratio or its related term are showing as below:

MEX:WCNN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.25   Max: 0.29
Current: 0.25

During the past 13 years, the highest Dividend Payout Ratio of Waste Connections was 0.29. The lowest was 0.23. And the median was 0.25.

MEX:WCNN's Dividend Payout Ratio is ranked better than
70% of 100 companies
in the Waste Management industry
Industry Median: 0.385 vs MEX:WCNN: 0.25

As of today (2026-06-24), the Dividend Yield % of Waste Connections is 0.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Waste Connections was 0.94%. The lowest was 0.59%. And the median was 0.70%.

Waste Connections's Dividends per Share for the months ended in Mar. 2026 was MXN6.31.

During the past 12 months, Waste Connections's average Dividends Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Waste Connections was 76.90% per year. The lowest was 11.10% per year. And the median was 14.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Waste Connections (MEX:WCNN) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Waste Connections Dividend Payout Ratio Related Terms

Waste Connections Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Waste Connections's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waste Connections Dividend Payout Ratio Chart

Waste Connections Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.25 0.25 0.24 0.25

Waste Connections Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.24 0.22 0.27 0.29

MEX:WCNN vs CLH, RSG, GFL: Dividend Payout Ratio Comparison

For the Waste Management subindustry, Waste Connections's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Waste Connections Dividend Payout Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Waste Connections's Dividend Payout Ratio falls into.


MEX:WCNN
87GF Score
Waste Connections Inc MEX:WCNN
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Waste Connections Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Waste Connections's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=23.317/ 92.729
=0.25

Waste Connections's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=6.311/ 22.18
=0.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.29 mean?
Waste Connections (MEX:WCNN) has a Dividend Payout Ratio of 0.29 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Waste Connections and its competitors. This is 16% above median its historical median of 0.25. Over the past decade, Waste Connections' Dividend Payout Ratio has ranged from 0.23 to 0.29. According to the industry distribution chart, Waste Connections ranks #30 out of 100 companies in the Waste Management industry, placing it in the top 30%.
Is Waste Connections' Dividend Payout Ratio too high?
Waste Connections' current Dividend Payout Ratio of 0.29 is 16% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.29. The Waste Management industry median Dividend Payout Ratio is 0.39. Waste Connections' value of 0.29 is 24.7% below this industry median. Based on the distribution chart, Waste Connections ranks #30 out of 100 companies in the Waste Management industry, which is above the industry midpoint. Overall, Waste Connections has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Connections' Dividend Payout Ratio compare to CLH and RSG?
According to the Waste Management industry distribution chart, Waste Connections ranks #30 out of 100 companies for Dividend Payout Ratio. This puts Waste Connections in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. Waste Connections' value of 0.29 is 24.7% below this benchmark. Historically, Waste Connections' own Dividend Payout Ratio has ranged from 0.23 to 0.29 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.39, Waste Connections has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Waste Management company?
The median Dividend Payout Ratio among Waste Management companies is 0.39, based on 100 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Connections's current Dividend Payout Ratio of 0.29 is 24.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Waste Connections and its competitors. For the Waste Management industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Connections's current Dividend Payout Ratio is 0.29, which is 16% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Connections stock overvalued right now?
Based on GuruFocus' analysis, Waste Connections (MEX:WCNN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,445.03, compared to a current price of MXN2,800.00 — trading 18.7% below its estimated fair value. The current Dividend Payout Ratio is 0.29, which is 16% above median its 10-year median of 0.25 and 24.7% below the Waste Management industry median of 0.39. Waste Connections' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Waste Connections (MEX:WCNN), the current Dividend Payout Ratio is 0.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Waste Connections (MEX:WCNN) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Connections stock appears to be undervalued. The current stock price of MXN2,800.00 is trading 18.7% below its estimated GF Value™ of MXN3,445.03. GuruFocus considers Waste Connections to be Modestly Undervalued.

Key valuation signals for MEX:WCNN:

  • Dividend Payout Ratio: 0.29 (16% above median its 10-year median of 0.25)
  • GF Value™: MXN3,445.03 vs. price of MXN2,800.00 (18.7% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 24.7% below the Waste Management median (#30 of 100)

No single metric tells the full story. See the MEX:WCNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Waste Connections Business Description

Address 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is a North American waste management company focused on integrated waste collection services. The firm primarily focuses on residential, commercial, municipal, and industrial waste collection, with a secondary market focus on rural areas. With 113 landfills and 222 transfer stations as of 2024, it is the third-largest waste management company by revenue. Revenue is split among six operating segments: Western, Southern, Eastern, Central, Canada, and Midsouth.
87GF Score

Get the complete analysis for MEX:WCNN

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,800.00
Price
MXN3,445.03
GF Value