Waste Connections, Inc.
WCNIndustrials · Stock · quarterly payer
Forward Yield
0.83%
Annual Dividend
$1.40
Payout Ratio
33%
5-Yr Growth
10.6%
Ex-Date
Aug 6, 2026
Frequency
Quarterly
Summary
As of August 2026, Waste Connections, Inc. (WCN) yields 0.83% ($1.40 per share annually), with a blended fair-value estimate of $102.86 — -39% downside, so it screens as overvalued. Dividend safety grade: A (87/100). 15 years of dividend growth.
Is WCN a good dividend stock?
YesWaste 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
- $41.8B
- P/E Ratio
- 40.8
- 5-Yr Total Return
- 35%
- 52-Week Range
- —
- Dividend Safety
- A · 87/100
- Ever Cut?
- No
Frequently Asked Questions
WCN Price — Last 12 Months
Daily close
Price Return
1 Year
-4%
3 Years
+26%
5 Years
+35%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WCN worth?
Overvaluedlow confidenceOur blended fair-value estimate for Waste Connections, Inc. is $102.86 per share, versus a market price of $169.40. That implies 39% of downside.
Fair Value
$102.86
Current Price
$169.40
Downside
-39%
Margin of Safety
-65%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 9.3% stage-1 growth, 2.5% terminal growth, $4.13 EPS, $1.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WCN Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 6, 2026 | — | $0.3500 | regular |
| May 6, 2026 | — | $0.3500 | regular |
| Feb 25, 2026 | — | $0.3500 | regular |
| Aug 6, 2025 | — | $0.3150 | regular |
| May 7, 2025 | — | $0.3150 | regular |
| Feb 27, 2025 | — | $0.3150 | regular |
| Nov 7, 2024 | — | $0.3150 | regular |
| Aug 7, 2024 | — | $0.2850 | regular |
| May 7, 2024 | — | $0.2850 | regular |
| Feb 27, 2024 | — | $0.2850 | regular |
| Nov 7, 2023 | — | $0.2850 | regular |
| Aug 15, 2023 | — | $0.2550 | regular |
| May 9, 2023 | — | $0.2550 | regular |
| Feb 28, 2023 | — | $0.2550 | regular |
Income Calculator
At $1.40 / yr per share
