Waste Connections (TSX:WCN) Dividend Payout Ratio : 0.21 (As of Sep. 2024)

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What is Waste Connections Dividend Payout Ratio?

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 Sep. 2024 was 0.21.

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

TSX:WCN' 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.

TSX:WCN's Dividend Payout Ratio is ranked better than
69.61% of 102 companies
in the Waste Management industry
Industry Median: 0.35 vs TSX:WCN: 0.25

As of today (2024-12-16), the Dividend Yield % of Waste Connections is 0.63%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Waste Connections was 1.11%. The lowest was 0.59%. And the median was 0.70%.

Waste Connections's Dividends per Share for the months ended in Sep. 2024 was C$0.39.

During the past 12 months, Waste Connections's average Dividends Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.80% 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 11.40% per year. And the median was 14.70% 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 Dividend Payout Ratio Historical Data

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.

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Waste Connections Dividend Payout Ratio Chart

Waste Connections Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.25

0.29

0.26

0.25

Waste Connections Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.22	0.26	0.32	0.23	0.21

Competitive Comparison of Waste Connections's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

Waste Connections Dividend Payout Ratio Calculation

Waste Connections's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.409	/	5.621
	=	0.25

Waste Connections's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.386	/	1.829
	=	0.21

Waste Connections (TSX:WCN) 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

Thank you for viewing the detailed overview of Waste Connections's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Waste Connections Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Waste Connections Inc (TSX:WCN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

WCN:USA WCN:Mexico UI51:Germany UI51:Germany

Address

6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3

Website

https://www.wasteconnections.com

Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 103 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 81 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2023, 12% of consolidated revenue was generated from the firm's Canadian segment.

Executives

Robert Andres Nielsen	Senior Officer
Edward E. Guillet	Director
Philip Rivard	Senior Officer
Mary Anne Whitney	Senior Officer
Michael W Harlan	Director
James M. Little	Senior Officer
Robert Michael Cloninger	Senior Officer
Andrea Elisabeth Bertone	Director
Patrick J Shea	Senior Officer
Eric Olin Hansen	Senior Officer
Matthew Stephen Black	Senior Officer
William J. Razzouk	Director
Susan Rhea Netherton	Senior Officer
David G Eddie	Senior Officer
Jason Jon Craft	Senior Officer