Quanta Services Increases Quarterly Cash Dividend by 25%
Quanta Services, Inc. (PWR)
Last quanta services, inc. earnings: 2/27 06:55 am
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quantaservices.com/2016annualreport/ir-info.html
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Source: PR Newswire
HOUSTON, Dec. 12, 2019 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.05 per share, or a rate of $0.20 per share on an annualized basis, which represents a 25% increase from Quanta's last quarterly cash dividend paid in October 2019. The dividend is payable January 16, 2020, to stockholders of record on January 2, 2020.Quanta's President and Chief Executive Officer, Duke Austin, commented, "This dividend increase reflects our continued confidence in the stability of Quanta's base business, Quanta's long-term growth prospects, and Quanta's solid financial position, as well as our commitment to enhancing stockholder value."About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, pipeline, energy and communications industries. Quanta's comprehensive services include designing, insta
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