GFL Environmental Inc. Announces 10% Increase to Quarterly Dividend

Rhea-AI Summary

GFL Environmental (NYSE: GFL) announced a 10% increase to its regular quarterly cash dividend, rising from US$0.0154 to US$0.0169 per subordinate and multiple voting share.

The dividend will be paid on April 30, 2026 to shareholders of record at the close of business on April 13, 2026. The company designated the distribution as an eligible dividend under the Income Tax Act (Canada).

Positive

• Dividend increased by 10% to US$0.0169 per share
• Dividend payable April 30, 2026; record date April 13, 2026
• Designated as an eligible dividend under Canadian tax rules

Negative

• Absolute per-share cash remains small at US$0.0169 per quarter

News Market Reaction – GFL

+2.32%

+2.32% Session close to close

In the Apr 2 session, GFL gained 2.32%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MIAMI BEACH, FL, April 2, 2026 /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$0.0154 per share to US$0.0169 per share, will be paid on April 30, 2026 to shareholders of record at the close of business on April 13, 2026. The Company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada).

About GFL

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

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/gfl-environmental-inc-announces-10-increase-to-quarterly-dividend-302732695.html

SOURCE GFL Environmental Inc.

FAQ

What dividend change did GFL (NYSE: GFL) announce on April 2, 2026?

GFL announced a 10% increase to its regular quarterly cash dividend to US$0.0169 per share effective for the April 30, 2026 payment. According to the company, the dividend rises from US$0.0154 and will be paid to holders of record April 13, 2026.

When will GFL (GFL) shareholders receive the increased dividend in April 2026?

The increased dividend will be paid on April 30, 2026 to shareholders of record as of April 13, 2026. According to the company, the Board declared the payment date and record date alongside the 10% dividend increase announcement.

How much will GFL (NYSE: GFL) pay per share after the April 2, 2026 increase?

GFL will pay US$0.0169 per subordinate and multiple voting share as the regular quarterly cash dividend. According to the company, this amount reflects a 10% rise from the prior US$0.0154 quarterly dividend.

Is the April 2026 GFL dividend eligible for Canadian tax purposes?

Yes. The company designated the April 30, 2026 dividend as an eligible dividend under the Income Tax Act (Canada). According to the company, this designation affects Canadian tax treatment for eligible shareholders receiving the distribution.

What record date did GFL set for the April 30, 2026 dividend payment?

GFL set the record date as the close of business on April 13, 2026 for the April 30, 2026 dividend payment. According to the company, only shareholders of record on that date will receive the increased dividend.

Does the GFL dividend increase announced April 2, 2026 materially change cash per share?

The company increased the quarterly dividend by 10% to US$0.0169, a modest absolute cash amount per share. According to the company, the change is a small per-share cash adjustment for the April 30, 2026 payout.