GFL Environmental Inc. Announces Quarterly Dividend

Rhea-AI Summary

GFL Environmental announced a quarterly cash dividend of US$0.014 per share for both subordinate voting shares and multiple voting shares for Q4 2024. The dividend will be paid on January 31, 2025 to shareholders of record as of January 13, 2025. The company has designated this as an eligible dividend under the Income Tax Act (Canada). This announcement demonstrates GFL's commitment to returning value to shareholders through regular dividend payments.

Positive

• Consistent dividend payment maintains shareholder returns
• Dividend qualification as eligible under Canadian tax law provides tax advantages for Canadian shareholders

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• None.

VAUGHAN, ON, Jan. 02, 2025 /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 fourth quarter of 2024.  

The cash dividend will be paid on January 31, 2025 to shareholders of record at the close of business on January 13, 2025.  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 GFL Environmental's Q4 2024 dividend amount?

GFL Environmental's Q4 2024 dividend is US$0.014 per share for both subordinate voting and multiple voting shares.

When is the payment date for GFL's Q4 2024 dividend?

GFL's Q4 2024 dividend will be paid on January 31, 2025.

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

The record date for GFL's Q4 2024 dividend is January 13, 2025.

Is GFL's Q4 2024 dividend considered eligible under Canadian tax law?

Yes, GFL has designated this dividend as eligible within the meaning of the Income Tax Act (Canada).

Which share classes of GFL will receive the Q4 2024 dividend?

Both subordinate voting shares and multiple voting shares of GFL will receive the dividend.