HOUSTON, March 26, 2021 /PRNewswire/ -- Quanta
Services, Inc. (NYSE: PWR) announced today that its Board of
Directors has declared a quarterly cash dividend to stockholders of
$0.06 per share. The dividend is
payable on April 15, 2021, to
stockholders of record as of April 6,
2021.
About Quanta Services
Quanta Services is a leading specialized contracting services
company, delivering comprehensive infrastructure solutions for the
utility, communications, pipeline and energy industries. Quanta's
comprehensive services include designing, installing, repairing and
maintaining energy and communications infrastructure. With
operations throughout the United
States, Canada,
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
expectations regarding the declaration, amount or timing of any
future dividends; expectations regarding Quanta's business or
financial outlook; and Quanta's ability to deliver increased value
or return capital to stockholders; 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, market conditions; the effects of
industry, economic, financial or political conditions outside of
the control of Quanta, quarterly variations in operating results,
liquidity, financial condition, cash flows, capital requirements,
reinvestment opportunities or other financial results; the
severity, magnitude and duration of the COVID-19 pandemic
trends and growth opportunities in relevant markets; requirements
relating to dividends under Delaware law and the credit agreement for
Quanta's senior credit facility; and other risks and uncertainties
detailed in Quanta's Annual Report on Form 10-K for the year ended
Dec. 31, 2020 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 – Jenna
Jackson
|
Quanta Services,
Inc.
|
Quanta Services,
Inc.
|
(713)
341-7260
|
(713)
341-6741
|
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SOURCE Quanta Services, Inc.