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GFL Environmental (NYSE: GFL) boosts quarterly dividend by 10% for 2026

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

GFL Environmental Inc. reported that its Board of Directors approved a 10% increase to the regular quarterly cash dividend on its subordinate and multiple voting shares. The dividend rises from US$0.0154 per share to US$0.0169 per share.

The increased dividend will be paid on April 30, 2026 to shareholders of record at the close of business on April 13, 2026. GFL has designated this as an eligible dividend under the Income Tax Act (Canada). The company describes itself as the fourth largest diversified environmental services company in North America with more than 15,000 employees.

Positive

  • 10% dividend increase: GFL raised its regular quarterly cash dividend from US$0.0154 to US$0.0169 per share, indicating Board confidence in the company’s cash flow and financial position.

Negative

  • None.

Insights

GFL lifts its quarterly dividend 10%, signaling confidence in cash generation.

GFL Environmental increased its regular quarterly cash dividend from US$0.0154 to US$0.0169 per share, a 10% raise on both subordinate and multiple voting shares. This move suggests the Board sees room to return more cash while supporting operations.

The filing emphasizes that future dividends remain at the Board’s discretion and includes standard forward-looking statements language, underscoring that payouts can change with business conditions. Income-focused investors may view the higher dividend level as a modest but constructive development within GFL’s broader growth strategy.

Dividend increase percentage 10% Increase to regular quarterly cash dividend
Old quarterly dividend US$0.0154 per share Regular quarterly cash dividend before increase
New quarterly dividend US$0.0169 per share Regular quarterly cash dividend after increase
Dividend payment date April 30, 2026 Payable date for increased dividend
Record date April 13, 2026 Shareholders of record eligible for dividend
Employee count More than 15,000 employees GFL workforce across North America
U.S. states served 18 U.S. states GFL solid waste management operations
eligible dividend financial
"The Company has designated this dividend as an eligible dividend within the meaning of the Income Tax Act (Canada)."
An eligible dividend is a type of company payout treated as higher-quality income for tax purposes, typically coming from a corporation’s profits that have already been taxed at higher corporate rates. For investors this matters because eligible dividends usually result in a larger tax benefit or lower personal tax than other dividends, so they increase the after-tax return much like getting a thicker coupon on the same purchase.
subordinate voting shares financial
"regular quarterly cash dividend on the Company’s subordinate voting and multiple voting shares."
Subordinate voting shares are a type of company stock that typically carry fewer voting rights than regular shares, meaning holders have less influence over company decisions. They are often used to raise capital while allowing founders or main shareholders to retain control. For investors, understanding the difference helps assess their level of influence in company decisions and the potential risks or benefits of holding different types of shares.
multiple voting shares financial
"regular quarterly cash dividend on the Company’s subordinate voting and multiple voting shares."
Shares that carry more votes per share than regular shares, giving their holders greater control over corporate decisions such as board elections and major strategic moves. For investors this matters because a small group holding multiple voting shares can steer the company’s direction irrespective of economic ownership, similar to a few people holding the keys to a car even if many others own parts of it, which affects governance risk and influence on value.
forward-looking statements regulatory
"This release includes certain “forward-looking statements”, which are not guarantees or assurances of future performance."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
shareholders of record financial
"will be paid on April 30, 2026 to shareholders of record at the close of business on April 13, 2026."
Shareholders of record are the people officially listed as owners of a company's stock on a specific date. This matters because only these shareholders are entitled to receive dividends or vote at company meetings. It's like being on the official guest list for a party—you get to enjoy the perks and have a say.

 

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER 

PURSUANT TO RULE 13a-16 OR 15d-16 

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

 

Commission File Number: 001-39240

 

 

GFL Environmental Inc. 

(Translation of registrant’s name into English)

 

 

1759 Purdy Avenue, Suite 300

Miami Beach, Florida 33139

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ¨              Form 40-F x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

 

 

 

 

 

 

 

EXHIBIT INDEX

 

The following Exhibit 99.1 is furnished as part of this Current Report on Form 6-K.

 

Exhibit 
Number
  Description
     
99.1   Press Release, dated April 2, 2026

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  GFL Environmental Inc.
     
Date: April 2, 2026 By: /s/ Mindy Gilbert
    Name:  Mindy Gilbert
    Title:    Executive Vice President and Chief Legal Officer

 

 

 

 

Exhibit 99.1

 

 

GFL Environmental Inc. Announces 10% Increase to Quarterly Dividend

 

MIAMI BEACH, FL, April 2, 2026 – 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

 

 

 

 

FAQ

What dividend change did GFL (GFL) announce in April 2026?

GFL announced a 10% increase to its regular quarterly cash dividend, raising it from US$0.0154 per share to US$0.0169 per share. The higher dividend applies to both subordinate voting and multiple voting shares.

When will GFL’s increased quarterly dividend be paid and to whom?

The increased GFL quarterly dividend will be paid on April 30, 2026 to shareholders of record at the close of business on April 13, 2026. Investors holding subordinate or multiple voting shares on that record date will receive the cash dividend.

How large is GFL Environmental’s workforce and market footprint?

GFL reports a workforce of more than 15,000 employees across its organization. It describes itself as the fourth largest diversified environmental services company in North America, operating facilities throughout Canada and 18 U.S. states.

What does it mean that GFL’s dividend is an eligible dividend in Canada?

GFL designated its quarterly cash dividend as an eligible dividend under the Income Tax Act (Canada). This classification generally allows certain Canadian resident investors to benefit from favorable tax treatment compared with non-eligible dividends, depending on individual circumstances.

Are GFL’s future dividends guaranteed after this 10% increase?

Future GFL dividends are not guaranteed. The company states that the declaration, timing, amount and payment of any future dividends remain at the discretion of its Board of Directors, and may change based on business conditions and board decisions.

Filing Exhibits & Attachments

1 document