GFL Environmental Inc. Announces Quarterly Dividend

Rhea-AI Summary

GFL Environmental announced a quarterly cash dividend of US$0.014 per share for both outstanding subordinate voting shares and multiple voting shares. The dividend is for the third quarter of 2024 and will be paid on October 31, 2024 to shareholders of record as of the close of business on October 16, 2024. The company has designated this dividend as an eligible dividend under the Income Tax Act (Canada). This announcement demonstrates GFL's commitment to providing returns to its shareholders and maintaining its dividend policy.

Positive

• Consistent dividend payment indicating financial stability
• Dividend designated as eligible under Canadian tax law, potentially beneficial for shareholders

Negative

• None.

VAUGHAN, ON, Oct. 3, 2024 /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$0.014 for each outstanding subordinate voting share and multiple voting share of the Company for the third quarter of 2024.

The cash dividend will be paid on October 31, 2024 to shareholders of record at the close of business on October 16, 2024. 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 20,000 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 Environmental's Q3 2024 dividend?

GFL Environmental (GFL) announced a quarterly cash dividend of US$0.014 per share for the third quarter of 2024.

When will GFL Environmental pay its Q3 2024 dividend?

GFL Environmental (GFL) will pay the Q3 2024 dividend on October 31, 2024.

What is the record date for GFL Environmental's Q3 2024 dividend?

The record date for GFL Environmental's (GFL) Q3 2024 dividend is October 16, 2024, at the close of business.

Is GFL Environmental's Q3 2024 dividend considered an eligible dividend in Canada?

Yes, GFL Environmental (GFL) has designated the Q3 2024 dividend as an eligible dividend within the meaning of the Income Tax Act (Canada).