GFL Environmental Inc. Announces Quarterly Dividend

Rhea-AI Summary

GFL Environmental Inc. has declared a cash dividend of US$0.012 per subordinate and multiple voting share for Q4 2022. This dividend is payable on January 31, 2023 to shareholders who hold shares as of the close of business on January 18, 2023. The company, headquartered in Vaughan, Ontario, is recognized as the fourth largest diversified environmental services firm in North America, employing over 19,500 staff across its operations in Canada and the U.S.

Positive

• Declared a cash dividend of US$0.012, signaling confidence in financial stability.
• Company employs over 19,500 staff, indicating strong operational capacity.

Negative

• None.

VAUGHAN, ON, Jan. 5, 2023 /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 cash dividend of US$0.012 for each outstanding subordinate voting share and multiple voting share of the Company for the fourth quarter of 2022.  

The cash dividend will be paid on January 31, 2023 to shareholders of record at the close of business on January 18, 2023.  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, liquid waste management and soil remediation 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 19,500 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.  

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SOURCE GFL Environmental Inc.

FAQ

What is the dividend amount declared by GFL Environmental Inc. for Q4 2022?

GFL Environmental Inc. declared a cash dividend of US$0.012 per share for Q4 2022.

When will GFL's dividend be paid?

The dividend will be paid on January 31, 2023.

What is the record date for GFL's dividend payment?

Shareholders of record will be noted at the close of business on January 18, 2023.

Is GFL's dividend eligible for any tax purposes?

Yes, this dividend has been designated as an eligible dividend under the Income Tax Act in Canada.