Covanta Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

Covanta Holding Corporation (CVA) announced a quarterly cash dividend of $0.08 per share, to be paid on April 9, 2021. Stockholders of record as of March 25, 2021, will be eligible for this dividend. Covanta is recognized for its sustainable waste and energy solutions, with its Waste-to-Energy facilities converting around 21 million tons of waste annually into renewable electricity, powering one million homes.

Positive

• Quarterly cash dividend of $0.08 per share announced.
• Demonstrates company confidence and commitment to returning value to shareholders.
• Aims to enhance shareholder income.

Negative

• None.

MORRISTOWN, N.J., March 4, 2021 /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 April 9^th, 2021 to stockholders of record as of the close of business on March 25^th, 2021.

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 600,000 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 dividend amount declared by CVA?

Covanta has declared a quarterly cash dividend of $0.08 per share.

When will CVA's dividend be paid?

The dividend will be paid on April 9, 2021.

Who is eligible for the CVA dividend?

Stockholders of record as of the close of business on March 25, 2021, are eligible.

How does Covanta generate renewable energy?

Covanta's Waste-to-Energy facilities convert approximately 21 million tons of waste annually into clean, renewable electricity.