HOUSTON, May 24, 2019 /PRNewswire/ -- Quanta
Services, Inc. (NYSE:PWR) announced today that its Board of
Directors has declared a quarterly cash dividend to stockholders of
$0.04 per share. The dividend is
payable July 15, 2019, to
stockholders of record on July 1,
2019.
About Quanta Services
Quanta Services is a leading
specialized contracting services company, delivering comprehensive
infrastructure solutions for the electric power, energy and
communications industries, including design, installation, repair
and maintenance. With operations throughout the United States, Canada, Latin
America, Australia and
select other international markets, Quanta has the manpower,
resources and expertise to safely complete projects that are local,
regional, national or international in scope. For more information,
visit www.quantaservices.com.
Forward Looking Statements
This press release (and any
oral statements regarding the subject matter of this press release)
contains forward-looking statements intended to qualify for the
"safe harbor" from liability established by the Private Securities
Litigation Reform Act of 1995. Forward-looking statements
include, but are not limited to, statements relating to Quanta's
expectations regarding the declaration, amount or timing of any
future dividends, as well as statements reflecting expectations,
intentions, assumptions or beliefs about future events and other
statements that do not relate strictly to historical or current
facts. Although Quanta's management believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will
prove to be correct. These statements can be affected by
inaccurate assumptions and by a variety of risks and uncertainties
that are difficult to predict or beyond our control, including,
among others, variations in Quanta's financial condition, results
of operations, profitability, cash flows and liquidity; current and
expected capital requirements and reinvestment opportunities;
requirements under Delaware law
and the credit agreement for Quanta's senior secured credit
facility relating to dividends; the impact of income tax laws;
market conditions; the effects of industry, economic or political
conditions outside of the control of Quanta; and other risks
and uncertainties detailed in Quanta's Annual Report on Form 10-K
for the year ended Dec. 31, 2018,
Quanta's Quarterly Report on Form 10-Q for the quarter ended
Mar. 31, 2019 and any other documents
that Quanta files with the Securities and Exchange Commission
(SEC). For a discussion of these risks, uncertainties and
assumptions, investors are urged to refer to Quanta's documents
filed with the SEC that are available through the company's website
at www.quantaservices.com or through the SEC's Electronic Data
Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov.
Should one or more of these risks materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those expressed or implied in any forward-looking statements.
Investors are cautioned not to place undue reliance on these
forward-looking statements, which are current only as of this date.
Quanta does not undertake and expressly disclaims any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Quanta
further expressly disclaims any written or oral statements made by
any third party regarding the subject matter of this press
release.
Investors - Kip Rupp,
CFA
|
Media – Lynn
Hancock
|
Quanta Services,
Inc.
|
Ward
|
(713)
341-7260
|
(713)
869-0707
|
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SOURCE Quanta Services