GFL Environmental Inc. Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of GFL Environmental has declared a cash dividend of US$0.011 per share for the fourth quarter of 2021. This dividend will be paid on January 31, 2022, to shareholders on record as of January 18, 2022. Designated as an eligible dividend under the Income Tax Act of Canada, GFL is the fourth largest diversified environmental services provider in North America, employing over 18,000 people.

Positive

• Declared cash dividend of US$0.011 per share for Q4 2021.
• Dividend payment on January 31, 2022, could enhance shareholder confidence.

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• None.

VAUGHAN, ON, Jan. 6, 2022 /PRNewswire/ - The Board of Directors of GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it has declared a cash dividend of US$0.011 for each outstanding subordinate voting share and multiple voting share of the Company for the fourth quarter of 2021.

The cash dividend will be paid on January 31, 2022 to shareholders of record at the close of business on January 18, 2022.  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 non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in more than half of the U.S. states. Across its organization, GFL has a workforce of more than 18,000 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

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SOURCE GFL Environmental Inc.

FAQ

What is the GFL dividend for the fourth quarter of 2021?

GFL declared a cash dividend of US$0.011 per share for the fourth quarter of 2021.

When will GFL pay its dividend?

The dividend will be paid on January 31, 2022.

What is the record date for GFL's dividend?

The record date for the dividend is January 18, 2022.

Is GFL's dividend eligible for tax purposes?

Yes, the dividend is designated as an eligible dividend under the Income Tax Act of Canada.