Quanta Services announces quarterly cash dividend

HOUSTON, May 27, 2021 / PRNewswire / – Quanta Services, Inc. (NYSE: PWR) today announced that its board of directors has declared a quarterly cash dividend to shareholders of $ 0.06 per share. The dividend is payable on July 15, 2021, to shareholders registered on July 1, 2021.

About Quanta Services
Quanta Services is a leading specialist contracting services company, providing complete infrastructure solutions for the utilities, communications, pipeline and energy industries. Quanta’s comprehensive services include the design, installation, repair and maintenance of energy and communications infrastructure. With operations throughout United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to carry out projects of local, regional, national or international scope in complete safety. For more information, visit www.quantaservices.com.

Forward-looking statements
This press release (and any oral statement regarding the subject matter of this press release) contains forward-looking statements intended to qualify for the “safe harbor” of liability established by the Private Securities Litigation Reform Act of 1995. Statements forward-looking include: but not limited to statements relating to expectations regarding the declaration, amount or timing of any future dividends; expectations regarding Quanta’s business or financial prospects; and Quanta’s ability to deliver increased value or return capital to shareholders; as well as statements reflecting expectations, intentions, assumptions or beliefs regarding 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 are based on a number of risks, uncertainties and assumptions that are difficult to predict or beyond our control, and reflect the beliefs and assumptions of management on the basis information available at the time the statements are made. We caution you that actual results may differ materially from what is expressed, implied or expected by our forward-looking statements and that all or part of our forward-looking statements may prove to be inaccurate or incorrect. Forward-looking statements may be affected by inaccurate assumptions and by known or unknown risks and uncertainties, including, but not limited to, market conditions; the effects of industrial, economic, financial or political conditions beyond Quanta’s control, quarterly variations in operating results, liquidity, financial condition, cash flows, capital requirements, opportunities for reinvestment or development ‘other financial results; the severity, extent and duration of the COVID-19 pandemic; trends and growth opportunities in relevant markets; dividend requirements under Delaware the law and the credit agreement for the Quanta senior credit facility; and other risks and uncertainties detailed in Quanta’s annual report on Form 10-K for the year ended December 31, 2020, Quanta Quarterly Report on Form 10-Q for the Quarter Ended March 31, 2021 and any other document 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 which are available on the Company’s website at www.quantaservices.com or through the SEC’s Electronic Data Collection and Analysis System (EDGAR) at www.sec.gov. If one or more of these risks materialize, or if the underlying assumptions prove to be incorrect, actual results may differ materially from those expressed or implied in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which are only current as of this date. Quanta does not undertake and expressly disclaims any obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Quanta further expressly disclaims any written or oral statement made by any third party regarding the subject matter of this press release.

Investors – Kip Rupp, CFA, IRC
Quanta Services, Inc.
(713) 341-7260

SOURCE Quanta Services, Inc.

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