GFL Environmental announces quarterly dividend of US$0.0154 per share

VAUGHAN, Ontario - GFL Environmental Inc. (NYSE:GFL) (TSX:GFL), a $16.95 billion environmental services company, announced Thursday that its Board of Directors has declared a cash dividend of US$0.0154 per share for the third quarter of 2025. According to InvestingPro data, the company has consistently raised its dividend for 5 consecutive years.

The dividend applies to each outstanding subordinate voting share and multiple voting share of the company. Shareholders of record as of October 15, 2025, will receive payment on October 31, 2025.

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

Based in Vaughan, Ontario, GFL Environmental is the fourth largest diversified environmental services company in North America. The company provides solid waste management services through its facilities across Canada and in 18 U.S. states, employing more than 15,000 workers.

The announcement was made in a company press release statement. The declaration, timing, amount, and payment of any future dividends remain at the discretion of GFL’s Board of Directors.

In other recent news, GFL Environmental has been the subject of several analyst reports highlighting its potential for growth and solid financial performance. BMO Capital recently raised its price target for GFL Environmental to $53.00, maintaining a Market Perform rating, following what it described as strong second-quarter results for 2025. The firm noted that GFL was the only waste management company in its coverage to increase its 2025 EBITDA outlook amid an uncertain economic climate. TD Cowen also reiterated a Buy rating with a $64.00 price target, emphasizing GFL’s growth potential and recent merger and acquisition activity.

Barclays initiated coverage with an Overweight rating and a $62.00 price target, citing GFL’s potential for above-peer growth and predicting a 14% annual growth in adjusted EBITDA per share for 2026-2027. William Blair initiated coverage with an Outperform rating, noting GFL’s evolution to an optimal business mix and balance sheet leverage. Stifel resumed coverage with a Buy rating, highlighting the company’s strong position in self-help levers and acquisition opportunities. These recent developments indicate a positive outlook from multiple analyst firms regarding GFL Environmental’s future performance.

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