HOUSTON, May 27, 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 July 15, 2021, to
stockholders of record as of July 1,
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. These forward-looking statements
are not guarantees of future performance, involve or rely on a
number of risks, uncertainties, and assumptions that are difficult
to predict or are beyond our control, and reflect management's
beliefs and assumptions based on information available at the time
the statements are made. We caution you that actual outcomes and
results may differ materially from what is expressed, implied or
forecasted by our forward-looking statements and that any or all of
our forward-looking statements may turn out to be inaccurate or
incorrect. Forward-looking statements can be affected by inaccurate
assumptions and by known or unknown risks and uncertainties ,
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,
Quanta's Quarterly Report on Form 10-Q for the quarter ended
Mar. 31, 2021 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,
IRC
Quanta Services, Inc.
(713) 341-7260
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SOURCE Quanta Services, Inc.