Claystone Waste announces $3.15 million in 2024 dividend to local communities

Dividend from Claystone increased by 5% and will help fund regional priorities

March 18, 2024 – Beaver County, AB: Claystone Waste Ltd. today announced it has distributed a $3.15 million 2024 dividend to its shareholding municipalities of Beaver County, the Village of Holden, the Village of Ryley, the Town of Tofield and the Town of Viking.

As a municipally controlled corporation, Claystone Waste provides revenue to local communities through a municipal dividend, subsidized waste services, and grants to support community organizations.

In a demonstration of continued growth and dedication to community prosperity, Claystone increased the annual dividend by 5%, or $150,000 in 2024. This boost in the dividend aims to further support the infrastructure, services, and economies of the Beaver region.

Meryl Whittaker, Chair of the Claystone Waste Board of Directors, says providing healthy municipal dividends is a key priority of the waste management company.

“Our decision to increase the dividend reflects our strong commitment to the communities we serve and our confidence in Claystone’s sustainable growth strategy.” says Whittaker. “Through the municipal dividend, Claystone is not only supporting the region’s public services but helping to create more local jobs and drive economic development and investment in the region.”

Dividends from Claystone Waste can be used by Beaver region municipalities to support infrastructure, community programming, economic development initiatives and other priorities of municipal councils that would otherwise have to be funded by local taxpayers. The $3.15 million dividend represents an approximately $323 per person benefit to every resident of the Beaver region in 2024.

Cory Popick, Chief Executive Officer of Claystone Waste, says the company is looking forward to the future as it builds more projects and expands its service offerings.

“Claystone continues to invest in innovative projects like our Edmonton waste transfer station and advanced composting facilities,” says Popick.  “These initiatives not only enhance our service offerings but also contribute to steady dividends for our municipal shareholders and the communities we serve.”

Since 2015, Claystone Waste has provided over $29 million back to local communities through various forms of support including dividends, grants, sponsorships, and other forms of community partnerships.

The share of the $3.15 million dividend for each shareholding municipality is apportioned according to a formula based on each community’s population. The respective shares of the 2024 dividend are as follows:

Beaver County:$ 1,477,462
Town of Tofield:$    651,797
Town of Viking:$    422,912
Village of Ryley:$    314,559
Village of Holden:$    283,061

Media contact for further information:

Anne Ruzicka, Communications Manager Anne.Ruzicka@claystonewaste.com

Viking Transfer Station

Phone: 780-718-7956

Address: 12503 TWP 480

Hours of Operation

Tuesday: 10:30 a.m. – 5:30 p.m.

Saturday: 10:30 a.m. – 5:30 p.m.

Viking Transfer Station is CLOSED on statutory holidays.

Accepts

Bagged Household Garbage

Lawn Clippings / Hedge Trimmings

Scrap Wood

Large Item Waste (pending space availability)

Recycling

Electronics

Paint

Used Oil, Filters, and Containers

Automotive Batteries

Paper and Cardboard

Propane Bottles

Metal

Freon-Containing Appliances

Twine

Tires

Kinsella Transfer Station

Phone: 780-663-2038

Address: 46418 Range Road 113

Hours of Operation

Wednesday: 11:00 a.m. – 5:00 p.m.

Friday: 11:00 a.m. – 5:00 p.m.

Kinsella Transfer station is CLOSED on statutory holidays.

Accepts

Bagged Household Garbage

Lawn Clippings / Hedge Trimmings

Scrap Wood

Large Item Waste (pending space availability)

Recycling

Propane Bottles

Metal

Ryley Transfer Station

Phone: 780-663-2083

Address: 50117 Range Road 173

Hours of Operation

Monday to Friday: 9:00 a.m. – 4:30 p.m.

Saturday: 9:00 a.m. – 3:00 p.m.

Ryley Transfer Station is OPEN on statutory holidays.

Accepts

Bagged Household Garbage

Lawn Clippings / Hedge Trimmings

Scrap Wood

Large Item Waste (pending space availability)

Recycling

Electronics

Paint

Used Oil, Filters, and Containers

Antifreeze

Automotive Batteries

Tires

Propane Bottles

Metal

Freon-Containing Appliances

Twine

Grain Bags (Machine Rolled)

Pesticide and Herbicide Containers (Triple-Rinsed)

Tofield Transfer Station

Phone: 780-662-2731

Address: 51032 Range Road 191

Hours of Operation

Wednesday: 10:30 a.m. – 5:30 p.m.

Friday: 10:30 a.m. – 5:30 p.m.

Saturday: 10:30 a.m. – 5:30 p.m.

Tofield Transfer Station is CLOSED on statutory holidays

Accepts

Bagged Household Garbage

Lawn Clippings / Hedge Trimmings

Scrap Wood

Large Item Waste (pending space availability)

Recycling

Electronics

Paper and Cardboard

Propane Bottles

Metal

Freon-Containing Appliances

Lindbrook Transfer Station

Phone: 780-662-2704

Address: 51008 Range Road 201

Hours of Operation

Tuesday: 10:30 a.m. – 5:30 p.m.

Thursday: 11:30 a.m. – 6:30 p.m.

Saturday: 10:30 a.m. – 5:30 p.m.

Lindbrook Transfer Station is CLOSED on statutory holidays.

Accepts

Bagged Household Garbage

Lawn Clippings / Hedge Trimmings

Scrap Wood

Large Item Waste (pending space availability)

Recycling

Electronics

Paint

Used Oil, Filters, and Containers

Antifreeze

Automotive Batteries

Paper and Cardboard

Propane Bottles

Metal

Freon-Containing Appliances

Tires

Bicycle Tires