SmarterDividends
WCN

Waste Connections, Inc.

WCN

Industrials · Waste Management · Stock · quarterly payer

$167.90

Overvalued · -37% Add to Portfolio

Forward Yield

0.83%

Annual Dividend

$1.40

Payout Ratio

33%

5-Yr Growth

10.6%

Ex-Date

Aug 6, 2026

Frequency

Quarterly

Key facts about WCN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Waste Connections, Inc. (WCN) has a forward dividend yield of 0.83%, based on an annual dividend of $1.40 per share and a share price of $167.90.
  • As of Oct 18, 2026, WCN's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Waste Connections, Inc. (WCN) has raised its dividend for 15 consecutive years as of Oct 18, 2026.
  • WCN has never cut its regular dividend in the payment history SmarterDividends has on record.
  • WCN's most recent ex-dividend date was Aug 6, 2026, for a dividend of $0.35 per share.
  • As of Oct 18, 2026, WCN pays out 33% of its trailing 12-month earnings as dividends (its payout ratio).
  • WCN's dividend has grown at an average rate of 10.6% a year over the past five years.
  • As of Oct 18, 2026, WCN's 0.83% yield is 24% above its five-year average yield of 0.67%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for WCN is $106.46 per share, 37% below the $167.90 share price, so WCN screens as overvalued.
  • Waste Connections, Inc. (WCN) pays its dividend quarterly, 4 times a year.
  • Waste Connections, Inc. (WCN) has raised its regular dividend 15 times and cut it 0 times across the 62 payments on record since 2010. Its most recent change was a 11.1% increase to $0.350 per share, going ex-dividend on Feb 25, 2026.
Cite this page

SmarterDividends, "WCN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/WCN

Summary

As of Oct 18, 2026, Waste Connections, Inc. (WCN) yields 0.83% ($1.40 a year per share), has a dividend safety grade of A (88/100) and has 15 consecutive years of dividend increases on record.

Is WCN a good dividend stock?

Yes

Waste Connections, Inc. (WCN) pays a quarterly dividend yielding 0.83% ($1.40/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (33%)
  • Strong 10.6% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.83%
Payout Ratio
33%
Annual Dividend
$1.40
5-Yr Avg Growth
10.6%
Ex-Dividend Date
Aug 6, 2026
Years of Growth
15
Frequency
quarterly
Beta
0.48
Market Cap
$42.2B
P/E Ratio
40.6
5-Yr Total Return
26%
52-Week Range
$146.89 – $179.74
Dividend Safety
A · 88/100
Ever Cut?
No

WCN dividend raises and cuts

Waste Connections, Inc. (WCN) has raised its regular dividend 15 times and cut it 0 times across the 62 payments on record since 2010. Its most recent change was a 11.1% increase to $0.350 per share, going ex-dividend on Feb 25, 2026.

Ex-dateChangeOld → newMove
Feb 25, 2026Raise$0.315 → $0.350+11.1%
Nov 7, 2024Raise$0.285 → $0.315+10.5%
Nov 7, 2023Raise$0.255 → $0.285+11.8%
Nov 15, 2022Raise$0.230 → $0.255+10.9%
Nov 8, 2021Raise$0.205 → $0.230+12.2%
Nov 9, 2020Raise$0.185 → $0.205+10.8%
Nov 8, 2019Raise$0.160 → $0.185+15.6%
Nov 9, 2018Raise$0.140 → $0.160+14.3%
Nov 7, 2017Raise$0.120 → $0.140+16.7%
Nov 3, 2016Raise$0.0967 → $0.120+24.1%
Nov 5, 2015Raise$0.0867 → $0.0967+11.5%
Oct 31, 2014Raise$0.0767 → $0.0867+13.0%
Show all 15 changes since 2011
Ex-dateChangeOld → newMove
Nov 1, 2013Raise$0.0667 → $0.0767+15.0%
Nov 1, 2012Raise$0.0600 → $0.0667+11.1%
Oct 31, 2011Raise$0.0500 → $0.0600+20.0%
WCN ex-dividend date & scheduleNext ex-date Aug 6, 2026 · full ex-dividend historyView →WCN dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WCN a good dividend stock?

Yes. Waste Connections, Inc. (WCN) pays a quarterly dividend yielding 0.83% ($1.40/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is WCN undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WCN's fair value is about $106.46 versus a $167.90 share price — so it looks overvalued (-37% vs. fair value).

Is WCN's dividend safe?

WCN has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is WCN's fair value?

Our blended fair-value estimate for WCN is about $106.46 per share, about 37% below the current $167.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is WCN a buy, hold, or sell?

We don't issue formal ratings, but on the data WCN screens as "yes" and overvalued. Waste Connections, Inc. (WCN) pays a quarterly dividend yielding 0.83% ($1.40/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will WCN cut its dividend?

WCN earns a dividend-safety grade of A (88/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does WCN pay a dividend?

Yes. Waste Connections, Inc. pays a quarterly dividend of about $1.40 per share annually, a forward yield of roughly 0.83%.

What is WCN's dividend yield?

As of Oct 18, 2026, WCN's forward dividend yield is 0.83%, based on a $1.40 annual dividend and a $167.90 share price.

What is WCN's dividend per share?

As of Oct 18, 2026, WCN pays $1.40 per share per year, distributed on a quarterly basis.

What is WCN's dividend payout ratio?

As of Oct 18, 2026, WCN's payout ratio is 33% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has WCN grown its dividend?

As of Oct 18, 2026, WCN has increased its dividend for 15 consecutive years.

When is the next WCN ex-dividend date?

As of Oct 18, 2026, WCN's next ex-dividend date hasn't been announced. The most recent was Aug 6, 2026, for $0.35 per share.