GFL Environmental Announces 9.7% Dividend Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy GFL?
Source: seekingalpha
- Dividend Increase: GFL Environmental has declared a quarterly dividend of $0.0169 per share, representing a 9.7% increase from the previous dividend of $0.0154, indicating ongoing improvement in the company's profitability and boosting investor confidence.
- Yield Overview: The forward yield of this dividend stands at 0.16%, which, while relatively low, may attract investors seeking stable income, thereby enhancing the company's appeal in the capital markets.
- Shareholder Assurance: The dividend will be payable on April 30, with a record date of April 13 and an ex-dividend date also on April 13, ensuring that existing shareholders receive their dividends promptly, further solidifying shareholder relations.
- Buyback Program Update: GFL Environmental has also renewed its share buyback program, reflecting confidence in its stock value and potentially enhancing shareholder value by reducing the number of shares outstanding, which could lead to increased earnings per share.
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Analyst Views on GFL
Wall Street analysts forecast GFL stock price to rise
15 Analyst Rating
11 Buy
4 Hold
0 Sell
Moderate Buy
Current: 41.720
Low
34.03
Averages
55.30
High
64.06
Current: 41.720
Low
34.03
Averages
55.30
High
64.06
About GFL
GFL Environmental Inc. is a Canada-based diversified environmental services company. The Company is engaged in offering solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling and disposal services. Its facilities type consists of convenience sites, landfills, material recovery facilities, organic processing, soil remediation sites and transfer stations. It has operations across Canada and the United States. The Company offers its services to municipal, residential, and commercial and industrial customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
GFL Environmental Nears $900 Million Deal to Acquire Frontier Waste Solutions
- Acquisition Agreement Nearing: GFL Environmental is close to finalizing an agreement to acquire Frontier Waste Solutions for approximately $900 million, indicating GFL's strategic intent to expand in the waste management sector, potentially enhancing its market share and competitiveness.
- Equity Exchange Arrangement: Some Frontier shareholders will receive GFL shares as part of the deal, which not only helps attract Frontier's investors but may also bring new shareholder support to GFL, further solidifying its capital base.
- Background on Frontier: Founded in 2017, Frontier rapidly expanded by acquiring several waste management companies across North, South, and Central Texas, demonstrating strong local market integration capabilities, and GFL's acquisition will further consolidate this market.
- Earnings Release Preview: GFL Environmental is set to release its Q1 earnings on April 29, and the market will closely monitor its performance to assess the potential impact of this acquisition on the company's financial health.
See More
GFL Environmental Announces 9.7% Dividend Increase
- Dividend Increase: GFL Environmental has declared a quarterly dividend of $0.0169 per share, representing a 9.7% increase from the previous dividend of $0.0154, indicating ongoing improvement in the company's profitability and boosting investor confidence.
- Yield Overview: The forward yield of this dividend stands at 0.16%, which, while relatively low, may attract investors seeking stable income, thereby enhancing the company's appeal in the capital markets.
- Shareholder Assurance: The dividend will be payable on April 30, with a record date of April 13 and an ex-dividend date also on April 13, ensuring that existing shareholders receive their dividends promptly, further solidifying shareholder relations.
- Buyback Program Update: GFL Environmental has also renewed its share buyback program, reflecting confidence in its stock value and potentially enhancing shareholder value by reducing the number of shares outstanding, which could lead to increased earnings per share.
See More
GFL Environmental Inc. Declares 10% Increase in Quarterly Dividend
- Dividend Increase: GFL Environmental Inc. has announced a 10% increase in its quarterly cash dividend from $0.0154 to $0.0169 per share, payable on April 30, 2026, to shareholders of record as of April 13, 2026, reflecting the company's commitment to shareholder returns.
- Tax Compliance: The declared dividend is designated as an eligible dividend under the Income Tax Act (Canada), providing shareholders with potential tax advantages, thereby enhancing the attractiveness of the investment.
- Company Overview: GFL is the fourth largest diversified environmental services company in North America, offering comprehensive solid waste management services across Canada and 18 U.S. states, with a workforce exceeding 15,000 employees, underscoring its significant industry presence.
- Forward-Looking Statements: The company’s forward-looking statements indicate that the declaration, timing, amount, and payment of future dividends are at the discretion of GFL's Board of Directors, reflecting a flexible and prudent approach to financial management.
See More
GFL Environmental Inc. Declares 10% Increase in Quarterly Dividend
- Dividend Increase: GFL Environmental Inc. has announced a 10% increase in its quarterly cash dividend from $0.0154 to $0.0169 per share, payable on April 30, 2026, to shareholders of record as of April 13, 2026, reflecting the company's commitment to shareholder returns.
- Tax Compliance: The declared dividend is designated as an eligible dividend under the Income Tax Act (Canada), providing shareholders with potential tax advantages, thereby enhancing the attractiveness of the investment.
- Company Overview: GFL is the fourth largest diversified environmental services company in North America, offering comprehensive solid waste management services across Canada and 18 U.S. states, supported by a workforce of over 15,000 employees, underscoring its significant industry presence.
- Forward-Looking Statements: The company’s forward-looking statements highlight inherent uncertainties regarding future performance; while the current dividend increase is positive, future declarations, timing, and amounts remain at the discretion of GFL's Board of Directors, cautioning investors to assess risks carefully.
See More
GFL Environmental Acquires Frontier Waste Solutions to Enhance Texas Presence
- Acquisition of Frontier: GFL Environmental announced the acquisition of Frontier Waste Solutions, which operates a vertically integrated network of solid waste assets across 24 sites in Texas; while financial terms were not disclosed, this move significantly enhances GFL's market position in the region.
- Revenue Contribution Expectation: The acquisition is expected to contribute an aggregate annualized revenue of $425 million to $450 million, alongside seven tuck-in acquisitions completed year-to-date, demonstrating GFL's proactive strategy in scaling its operations.
- Market Expansion: GFL CEO Patrick Dovigi stated that acquiring Frontier strengthens their presence in the Texas Triangle, one of the fastest-growing regions in the United States, thereby further solidifying the company's competitive edge in the market.
- Strategic Integration: By integrating Frontier's assets, GFL not only optimizes its operational network but also lays the groundwork for future growth, indicating the company's long-term development potential in the solid waste management sector.
See More
GFL Environmental Closes Acquisition of Frontier Waste Solutions
- Acquisition Completed: GFL Environmental Inc. has successfully closed the acquisition of Frontier Waste Solutions, which operates 24 solid waste asset sites in Texas, supported by over 650 vehicles and nearly 1,000 employees, thereby enhancing GFL's market position in the rapidly growing Texas Triangle region.
- Shareholder Confidence: Frontier shareholders have rolled $100 million of transaction proceeds into GFL shares, reflecting their confidence in the future value creation opportunities of the combined businesses, which further solidifies GFL's competitive edge in the industry.
- Revenue Growth Expectations: The acquisition, along with seven other tuck-in acquisitions completed this year, is expected to contribute $425 million to $450 million in annualized revenue, indicating GFL's strategic decision to expand market share and enhance service capabilities.
- Financial Stability: GFL financed the acquisition through its credit facility, cash on hand, and the issuance of 2,582,463 subordinate voting shares, ensuring the execution of its growth strategy while maintaining a net leverage target of low to mid 3s for 2026.
See More
GFL Environmental Nears $900 Million Deal to Acquire Frontier Waste Solutions
- Acquisition Agreement Nearing: GFL Environmental is close to finalizing an agreement to acquire Frontier Waste Solutions for approximately $900 million, indicating GFL's strategic intent to expand in the waste management sector, potentially enhancing its market share and competitiveness.
- Equity Exchange Arrangement: Some Frontier shareholders will receive GFL shares as part of the deal, which not only helps attract Frontier's investors but may also bring new shareholder support to GFL, further solidifying its capital base.
- Background on Frontier: Founded in 2017, Frontier rapidly expanded by acquiring several waste management companies across North, South, and Central Texas, demonstrating strong local market integration capabilities, and GFL's acquisition will further consolidate this market.
- Earnings Release Preview: GFL Environmental is set to release its Q1 earnings on April 29, and the market will closely monitor its performance to assess the potential impact of this acquisition on the company's financial health.
See More
GFL Environmental Announces 9.7% Dividend Increase
- Dividend Increase: GFL Environmental has declared a quarterly dividend of $0.0169 per share, representing a 9.7% increase from the previous dividend of $0.0154, indicating ongoing improvement in the company's profitability and boosting investor confidence.
- Yield Overview: The forward yield of this dividend stands at 0.16%, which, while relatively low, may attract investors seeking stable income, thereby enhancing the company's appeal in the capital markets.
- Shareholder Assurance: The dividend will be payable on April 30, with a record date of April 13 and an ex-dividend date also on April 13, ensuring that existing shareholders receive their dividends promptly, further solidifying shareholder relations.
- Buyback Program Update: GFL Environmental has also renewed its share buyback program, reflecting confidence in its stock value and potentially enhancing shareholder value by reducing the number of shares outstanding, which could lead to increased earnings per share.
See More
GFL Environmental Inc. Declares 10% Increase in Quarterly Dividend
- Dividend Increase: GFL Environmental Inc. has announced a 10% increase in its quarterly cash dividend from $0.0154 to $0.0169 per share, payable on April 30, 2026, to shareholders of record as of April 13, 2026, reflecting the company's commitment to shareholder returns.
- Tax Compliance: The declared dividend is designated as an eligible dividend under the Income Tax Act (Canada), providing shareholders with potential tax advantages, thereby enhancing the attractiveness of the investment.
- Company Overview: GFL is the fourth largest diversified environmental services company in North America, offering comprehensive solid waste management services across Canada and 18 U.S. states, with a workforce exceeding 15,000 employees, underscoring its significant industry presence.
- Forward-Looking Statements: The company’s forward-looking statements indicate that the declaration, timing, amount, and payment of future dividends are at the discretion of GFL's Board of Directors, reflecting a flexible and prudent approach to financial management.
See More
GFL Environmental Inc. Declares 10% Increase in Quarterly Dividend
- Dividend Increase: GFL Environmental Inc. has announced a 10% increase in its quarterly cash dividend from $0.0154 to $0.0169 per share, payable on April 30, 2026, to shareholders of record as of April 13, 2026, reflecting the company's commitment to shareholder returns.
- Tax Compliance: The declared dividend is designated as an eligible dividend under the Income Tax Act (Canada), providing shareholders with potential tax advantages, thereby enhancing the attractiveness of the investment.
- Company Overview: GFL is the fourth largest diversified environmental services company in North America, offering comprehensive solid waste management services across Canada and 18 U.S. states, supported by a workforce of over 15,000 employees, underscoring its significant industry presence.
- Forward-Looking Statements: The company’s forward-looking statements highlight inherent uncertainties regarding future performance; while the current dividend increase is positive, future declarations, timing, and amounts remain at the discretion of GFL's Board of Directors, cautioning investors to assess risks carefully.
See More
GFL Environmental Acquires Frontier Waste Solutions to Enhance Texas Presence
- Acquisition of Frontier: GFL Environmental announced the acquisition of Frontier Waste Solutions, which operates a vertically integrated network of solid waste assets across 24 sites in Texas; while financial terms were not disclosed, this move significantly enhances GFL's market position in the region.
- Revenue Contribution Expectation: The acquisition is expected to contribute an aggregate annualized revenue of $425 million to $450 million, alongside seven tuck-in acquisitions completed year-to-date, demonstrating GFL's proactive strategy in scaling its operations.
- Market Expansion: GFL CEO Patrick Dovigi stated that acquiring Frontier strengthens their presence in the Texas Triangle, one of the fastest-growing regions in the United States, thereby further solidifying the company's competitive edge in the market.
- Strategic Integration: By integrating Frontier's assets, GFL not only optimizes its operational network but also lays the groundwork for future growth, indicating the company's long-term development potential in the solid waste management sector.
See More
GFL Environmental Closes Acquisition of Frontier Waste Solutions
- Acquisition Completed: GFL Environmental Inc. has successfully closed the acquisition of Frontier Waste Solutions, which operates 24 solid waste asset sites in Texas, supported by over 650 vehicles and nearly 1,000 employees, thereby enhancing GFL's market position in the rapidly growing Texas Triangle region.
- Shareholder Confidence: Frontier shareholders have rolled $100 million of transaction proceeds into GFL shares, reflecting their confidence in the future value creation opportunities of the combined businesses, which further solidifies GFL's competitive edge in the industry.
- Revenue Growth Expectations: The acquisition, along with seven other tuck-in acquisitions completed this year, is expected to contribute $425 million to $450 million in annualized revenue, indicating GFL's strategic decision to expand market share and enhance service capabilities.
- Financial Stability: GFL financed the acquisition through its credit facility, cash on hand, and the issuance of 2,582,463 subordinate voting shares, ensuring the execution of its growth strategy while maintaining a net leverage target of low to mid 3s for 2026.
See More
