Waste Connections Stock To Go Ex-dividend Monday (WCN)

NEW YORK ( TheStreet) -- The ex-dividend date for Waste Connections (NYSE: WCN) is Monday, May 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $31.67 as of 9:30 a.m. ET, the dividend yield is 1.1%.

The average volume for Waste Connections has been one million shares per day over the past 30 days. Waste Connections has a market cap of $3.93 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 4.2% year to date as of the close of trading on Thursday.

Waste Connections, Inc., an integrated solid waste services company, provides solid waste collection, transfer, disposal, and recycling services. The company has a P/E ratio of 22.8, equal to the average materials & construction industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Waste Connections as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Waste Connections Ratings Report.

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