Waste Industries declares dividend
Raleigh, NC— Waste Industries USA, Inc.
announced that its Board of Directors declared a quarterly dividend.
The dividend of $0.09 per share is payable April 21, 2006 to
shareholders of record at the close of business on April 10,
2006.
This dividend was declared in keeping with
the Board’s previously announced policy to consider paying
cash dividends on a quarterly rather than a semi-annual basis
and is an increase over the prior dividend rate. The payment
of the dividend was delayed from the first quarter of 2006 until
the Company could complete the negotiations of its recently
amended revolving credit facility, which increased the Company’s
ability to pay cash dividends.
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