Waste Connections Inc (TSE:WCN) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$128.87 and last traded at C$127.81, with a volume of 85579 shares traded. The stock had previously closed at C$127.76.
Separately, AltaCorp Capital lowered Waste Connections from an “outperform” rating to a “sector perform” rating in a research report on Thursday, April 25th.
The stock has a market capitalization of $33.53 billion and a PE ratio of 61.51. The company has a debt-to-equity ratio of 66.97, a current ratio of 1.47 and a quick ratio of 1.31.
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th were given a dividend of $0.214 per share. This is a positive change from Waste Connections’s previous quarterly dividend of $0.21. This represents a $0.86 annualized dividend and a yield of 0.67%. The ex-dividend date was Tuesday, May 7th. Waste Connections’s dividend payout ratio (DPR) is currently 28.87%.
About Waste Connections (TSE:WCN)
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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