Waste Connections, Inc. (WCN) Dividend History
Income profile from 2002 to 2026 with payout safety and yield-on-cost trend
WCN Dividend Income Check
Safety
31.4% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 1.3% and trend is rising.
WCN Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WCN Income Growth Story
Dividend per share and yield on cost over time (25 years of payments)
WCN Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Waste Connections, Inc. distributes 31.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 15.1%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
WCN has raised its dividend for 15 consecutive years, with a 3-year CAGR of 11.1% and 5-year CAGR of 11.2%.
Total Shareholder Returns
Beyond cash dividends, WCN returns capital through share repurchases. The combined picture: 0.9% dividend yield, 1.3% buyback yield, 2.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.3% and is currently rising. The 5-year total return is 29.2%, with dividends contributing 4.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $35,701 today.
WCN Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 6, 2026Latest | $0.3500 | — | 84.70% | May 21, 2026 |
| Feb 25, 2026 | $0.3500 | — | 79.83% | Mar 12, 2026 |
| Nov 5, 2025 | $0.3500 | ↑ +11.1% | 78.03% | Nov 20, 2025 |
| Aug 6, 2025 | $0.3150 | — | 67.07% | Aug 21, 2025 |
| May 7, 2025 | $0.3150 | — | 62.00% | May 22, 2025 |
| Feb 27, 2025 | $0.3150 | — | 64.41% | Mar 13, 2025 |
| Nov 7, 2024 | $0.3150 | ↑ +10.5% | 64.32% | Nov 21, 2024 |
| Aug 7, 2024 | $0.2850 | — | 63.58% | Aug 22, 2024 |
WCN Dividend vs Peers
Comparable companies in the same industry
WCN Annual Dividend History (1997–2026)
30 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.70 | — | 2 | — | — | — | 0.7% |
| 2025 | $1.29 | 10.7% | 4 | $4.18 | 31.0% | 3.23x | 1.3% |
| 2024 | $1.17 | 11.4% | 4 | $2.39 | 49.0% | 2.04x | 1.2% |
| 2023 | $1.05 | 11.1% | 4 | $2.95 | 35.6% | 2.81x | 1.0% |
| 2022 | $0.95 | 11.8% | 4 | $3.24 | 29.2% | 3.43x | 0.9% |
| 2021 | $0.84 | 11.2% | 4 | $2.36 | 35.8% | 2.79x | 0.8% |
| 2020 | $0.76 | 14.3% | 4 | $0.78 | 97.4% | 1.03x | 0.8% |
| 2019 | $0.67 | -7.6% | 4 | $2.19 | 30.4% | 3.29x | 0.7% |
| 2018 | $0.72 | 44.0% | 5 | $2.07 | 34.8% | 2.87x | 0.7% |
| 2017 | $0.50 | -20.2% | 4 | $2.18 | 22.9% | 4.36x | 0.5% |
Full WCN Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WCN's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonWCN — Frequently Asked Questions
Quick answers to the most common questions about buying WCN stock.
How much dividend does WCN pay per share?
Waste Connections, Inc. (WCN) pays a trailing 12-month dividend of $1.32 per share, with a current dividend yield of +0.9%. Payments are made Semi-Annual.
When is WCN's next ex-dividend date?
WCN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WCN typically pays dividends Semi-Annual.
Is WCN's dividend safe?
WCN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +31.4% and FCF payout ratio of +15.1%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is WCN a Dividend Achiever?
Yes, Waste Connections, Inc. is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +11.2%, demonstrating above-inflation dividend growth.
How often does WCN pay dividends?
Waste Connections, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.32 per share. Dividend data on this page covers 24+ years from 2002 to 2026.
How much would $10,000 invested in WCN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WCN five years ago would be worth approximately $12,920 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WCN's yield on cost for long-term holders?
WCN's yield on cost — the current dividend divided by the original purchase price — is +1.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.9% market yield, thanks to consistent dividend growth.