Covanta Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Covanta Holding Corporation (NYSE: CVA) announced a quarterly cash dividend of $0.08 per share, scheduled to be paid on October 9th, 2020. Stockholders of record as of the close of business on September 28th, 2020 will receive the dividend. Covanta specializes in sustainable waste and energy solutions, converting approximately 21 million tons of waste annually into clean, renewable electricity, powering one million homes.

Positive

• Announced a quarterly dividend of $0.08 per share.
• Demonstrates cash returns to shareholders.

Negative

• None.

MORRISTOWN, N.J., Sept. 17, 2020 /PRNewswire/ -- Covanta Holding Corporation (NYSE: CVA) ("Covanta") today announced that the Board of Directors has declared a quarterly cash dividend of $0.08 per share, payable on October 9th, 2020 to stockholders of record as of the close of business on September 28th, 2020.

About Covanta
Covanta is a world leader in providing sustainable waste and energy solutions.  Annually, Covanta's modern Waste-to-Energy ("WtE") facilities safely convert approximately 21 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle 500,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today's most complex environmental challenges. For more information, visit covanta.com.

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SOURCE Covanta Holding Corporation

FAQ

What is the CVA dividend amount and payment date?

Covanta Holding Corporation has declared a quarterly dividend of $0.08 per share, payable on October 9th, 2020.

When is the record date for the CVA dividend?

The record date for the Covanta dividend is September 28th, 2020.

How often does Covanta pay dividends?

Covanta typically pays dividends quarterly.

Is the CVA dividend sustainable?

The sustainability of the CVA dividend depends on the company's revenue and cash flow, which are bolstered by its waste-to-energy operations.