GFL Environmental is trading higher today after the company said its board approved a 10% increase to the regular quarterly cash dividend on its subordinate voting and multiple voting shares. The quarterly dividend rises to $0.0169 per share from $0.0154.

The increased dividend will be paid on April 30, 2026, to shareholders of record as of the close of business on April 13, 2026. The company also designated the dividend as an eligible dividend under Canada’s Income Tax Act.

A dividend hike typically signals management confidence in underlying cash generation and balance-sheet flexibility, which can attract income-focused demand and broaden the shareholder base. For a waste-services operator, a higher and rising dividend can also reinforce the view that cash flows are becoming more durable following portfolio actions and ongoing operational execution.