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Casella Waste Systems, Inc., together with its subsidiaries, operates as a vertically integrated solid waste services company in the northeastern United States. It offers resource management services primarily in the areas of solid waste collection and disposal, transfer, recycling, and organics services to residential, commercial, municipal, institutional, and industrial customers. The company provides a range of non-hazardous solid waste services, including collections, transfer stations, and disposal facilities. It also markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard that are processed at its facilities, as well as recyclables purchased from third parties. In addition, the company is involved in commodity brokerage operations. As of January 31, 2022, it owned and/or operated 50 solid waste collection operations, 65 transfer stations, 23 recycling facilities, 8 Subtitle D landfills, 3 landfill gas-to-energy facilities, and 1 landfill permitted to accept construction and demolition materials. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.

Casella Waste Systems Dividend Announcement

• Casella Waste Systems does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Casella Waste Systems dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Casella Waste Systems Dividend History

Casella Waste Systems Dividend Yield

Casella Waste Systems current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Casella Waste Systems stock? Use our calculator to estimate your expected dividend yield:

Casella Waste Systems Financial Ratios

P/E ratio907.59
PEG ratio-2.21
P/B ratio4.06
ROE0.59%
Payout ratio0.00%
Current ratio2.55
Quick ratio2.48
Cash Ratio1.78

Casella Waste Systems Dividend FAQ

Does Casella Waste Systems stock pay dividends?
Casella Waste Systems does not currently pay dividends to its shareholders.
Has Casella Waste Systems ever paid a dividend?
No, Casella Waste Systems has no a history of paying dividends to its shareholders. Casella Waste Systems is not known for its dividend payments.
Why doesn't Casella Waste Systems pay dividends?
There are several potential reasons why Casella Waste Systems would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Casella Waste Systems ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Casella Waste Systems has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Casella Waste Systems a dividend aristocrat?
Casella Waste Systems is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Casella Waste Systems a dividend king?
Casella Waste Systems is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Casella Waste Systems a dividend stock?
No, Casella Waste Systems is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Casella Waste Systems stocks?
To buy Casella Waste Systems you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Casella Waste Systems stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.