GFL Environmental Inc. Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of GFL Environmental announced a cash dividend of US$0.011 per subordinate and multiple voting share for Q3 2021. This dividend is scheduled for payment on October 29, 2021, to shareholders on record as of October 18, 2021. GFL has classified this as an eligible dividend under the Canadian Income Tax Act. Headquartered in Vaughan, Ontario, GFL ranks as the fourth largest diversified environmental services company in North America, employing over 17,000 people across Canada and the U.S.

Positive

• Declared a cash dividend of US$0.011 per share, enhancing income for shareholders.
• Scheduled dividend payment reflects company's commitment to returning value to investors.

Negative

• None.

VAUGHAN, ON, Oct. 7, 2021 /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 third quarter of 2021.

The cash dividend will be paid on October 29, 2021 to shareholders of record at the close of business on October 18, 2021. 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 27 states in the United States. Across its organization, GFL has a workforce of more than 17,000 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 amount of GFL's dividend for Q3 2021?

GFL has declared a dividend of US$0.011 for Q3 2021.

When will GFL pay its dividend?

The dividend will be paid on October 29, 2021.

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

The record date for the dividend payment is October 18, 2021.

Is GFL's dividend eligible for Canadian tax purposes?

Yes, GFL has designated this dividend as an eligible dividend under the Canadian Income Tax Act.