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GFL Environmental Inc. Announces 10% Increase to Quarterly Dividend

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GFL Environmental (NYSE: GFL) (TSX: GFL) has announced a 10% increase in its regular quarterly cash dividend. The dividend will increase from US$0.014 to US$0.0154 per share. The enhanced dividend will be paid on April 30, 2025 to shareholders of record as of April 14, 2025. The company has designated this dividend as an eligible dividend under the Income Tax Act (Canada).

GFL Environmental (NYSE: GFL) (TSX: GFL) ha annunciato un aumento del 10% del suo dividendo in contante trimestrale. Il dividendo passerà da US$0.014 a US$0.0154 per azione. Il dividendo aumentato sarà pagato il 30 aprile 2025 agli azionisti registrati al 14 aprile 2025. L'azienda ha designato questo dividendo come un dividendo idoneo ai sensi della Legge sul reddito (Canada).

GFL Environmental (NYSE: GFL) (TSX: GFL) ha anunciado un aumento del 10% en su dividendo en efectivo trimestral. El dividendo aumentará de US$0.014 a US$0.0154 por acción. El dividendo mejorado se pagará el 30 de abril de 2025 a los accionistas registrados a partir del 14 de abril de 2025. La empresa ha designado este dividendo como un dividendo elegible bajo la Ley del Impuesto sobre la Renta (Canadá).

GFL Environmental (NYSE: GFL) (TSX: GFL)가 정기 분기 현금 배당금을 10% 인상한다고 발표했습니다. 배당금은 US$0.014에서 US$0.0154 per 주식으로 증가합니다. 인상된 배당금은 2025년 4월 30일2025년 4월 14일 기준 주주에게 지급됩니다. 회사는 이 배당금을 소득세법(캐나다) 아래에서 적격 배당금으로 지정했습니다.

GFL Environmental (NYSE: GFL) (TSX: GFL) a annoncé une augmentation de 10% de son dividende trimestriel en espèces. Le dividende passera de US$0.014 à US$0.0154 par action. Le dividende augmenté sera payé le 30 avril 2025 aux actionnaires enregistrés au 14 avril 2025. L'entreprise a désigné ce dividende comme un dividende admissible en vertu de la Loi de l'impôt sur le revenu (Canada).

GFL Environmental (NYSE: GFL) (TSX: GFL) hat eine 10%ige Erhöhung seiner regulären vierteljährlichen Bardividende bekannt gegeben. Die Dividende wird von US$0.014 auf US$0.0154 pro Aktie erhöht. Die erhöhte Dividende wird am 30. April 2025 an die zum 14. April 2025 registrierten Aktionäre ausgezahlt. Das Unternehmen hat diese Dividende gemäß dem Einkommensteuergesetz (Kanada) als förderfähige Dividende ausgewiesen.

Positive
  • 10% increase in quarterly dividend demonstrates company confidence and financial strength
  • Enhanced shareholder returns through dividend growth
Negative
  • Dividend payout remains relatively small at US$0.0154 per share

VAUGHAN, ON, April 3, 2025 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that the Board of Directors of the Company has declared a 10% increase to the regular quarterly cash dividend on the Company's subordinate voting and multiple voting shares.

The regular quarterly cash dividend, which increases from US$0.014 per share to US$0.0154 per share, will be paid on April 30, 2025 to shareholders of record at the close of business on April 14, 2025.  The Company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada).

About GFL

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of solid waste management services through its platform of facilities throughout Canada and in 18 U.S. states. Across its organization, GFL has a workforce of more than 15,000 employees.

Forward Looking Statements

This release includes certain "forward-looking statements", which are not guarantees or assurances of future performance. Because forward-looking statements are related to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements. GFL undertakes no obligation to publicly update any forward-looking statement, except as required by applicable securities laws. The declaration, timing, amount and payment of any future dividends remains at the discretion of GFL's Board of Directors.  

For more information:
Patrick Dovigi
+1 905-326-0101
pdovigi@gflenv.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gfl-environmental-inc-announces-10-increase-to-quarterly-dividend-302419711.html

SOURCE GFL Environmental Inc.

FAQ

What is the new quarterly dividend amount for GFL Environmental stock?

GFL Environmental's new quarterly dividend is US$0.0154 per share, representing a 10% increase from the previous US$0.014 per share.

When will GFL Environmental pay its increased dividend in 2025?

GFL Environmental will pay the increased dividend on April 30, 2025, to shareholders of record as of April 14, 2025.

What is the percentage increase in GFL Environmental's quarterly dividend?

GFL Environmental announced a 10% increase in its quarterly cash dividend.

Is GFL Environmental's dividend considered eligible under Canadian tax law?

Yes, GFL Environmental has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada).
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