Waste Connections is an integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services in mostly secondary markets in the Western and Southern U.S. MORE >
THE WOODLANDS, TX, April 25, 2012 (MARKETWIRE via COMTEX) --Waste Connections, Inc. (NYSE: WCN) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.09 per share on the Company's common stock. The dividend will be paid on May 23, 2012, to stockholders of record on the close of business on May 9, 2012. The Board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount of the dividend. MORE >
THE WOODLANDS, TX, April 25, 2012 - Waste Connections, Inc. (NYSE: WCN) today announced its results for the first quarter of 2012. Revenue totaled $376.4 million, a 13.6% increase over revenue of $331.5 million in the year ago period. Operating income was $65.1 million compared to $68.6 million in the first quarter of 2011. Operating income in the current year period included approximately $7.1 million ($5.5 million net of taxes) associated with acquisition-related transaction costs, costs incurred in connection with the relocation of our corporate office from California to Texas, and one-time equity compensation expense related to awards made at the time of the modification of our named executive officers' employment contracts. Net income attributable to Waste Connections in the quarter was $31.3 million, or $0.27 per share on a diluted basis of 115.9 million shares. In the year ago period, the Company reported net income attributable to Waste Connections of $36.5 million, or $0.32 per share on a diluted basis of 114.4 million shares. MORE >
