Waste Connections announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per common share. The dividend will be paid on August 20, 2026 to shareholders of record at the close of business on August 6, 2026. The Board stated it intends to review the quarterly dividend each October, with a long-term objective of increasing the dividend amount.

Payment currency depends on the shareholder's method of holding shares. Shareholders whose common shares are held by a bank or broker participating in the U.S. depositary DTC will receive payment in U.S. dollars. Those holding shares through a bank or broker participating in the Canadian depositary CDS will receive payment in Canadian dollars, calculated based on the Bank of Canada's daily average exchange rate on August 6, 2026.

Shareholders holding shares in direct registration with Computershare, the Company's transfer agent, will receive payment in Canadian dollars if they are residents of Canada as reflected in the shareholders register. Non-residents of Canada, including U.S. residents, will receive their dividend payments in U.S. dollars.

Key Dividend Details

JP Morgan analyst Tami Zakaria has maintained an Overweight rating on Waste Connections while lowering the price target to $195 from $210. The revised target suggests a reduction in the stock's valuation potential despite the positive outlook. The rating indicates that the stock is expected to outperform the broader market.

Analyst Rating and Price Target

Zakaria's decision to keep the Overweight rating implies that Waste Connections offers significant upside compared to other investment opportunities. The price target decrease to $195 signals a recalibration in the company's projected fair value.

The stock, listed on the NYSE under the ticker WCN, continues to be viewed as a buy by JP Morgan. Investors should consider the Overweight stance when making portfolio decisions.