CALGARY,
AB, Dec. 13, 2023 /PRNewswire/ - Parkland
Corporation ("Parkland") (TSX: PKI) announces that a dividend
of $0.34 per share will be paid on
January 15, 2024 to shareholders of
record on December 22, 2023. The
dividend will be an 'eligible dividend' for Canadian income tax
purposes. The ex-dividend date is December
21, 2023.
Forward-Looking
Statements
Certain statements contained in this news release constitute
forward-looking information and statements (collectively, "forward
looking statements"). When used in this news release, the words
"expect'', ''will'', ''could'', ''would'', ''pursue'' and similar
expressions are intended to identify forward-looking
statements.
These statements involve known and unknown risks, uncertainties
and other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements. No assurance can be given that these expectations will
prove to be correct and such forward-looking statements included in
this news release should not be unduly relied upon. These
forward-looking statements speak only as of the date of this news
release. Parkland does not undertake any obligations to publicly
update or revise any forward-looking statements except as required
by securities laws. Actual results could differ materially from
those anticipated in these forward-looking statements as a result
of numerous risks, assumptions and uncertainties including, but not
limited to: general economic, market and business conditions;
Parkland's ability to execute its business strategy, including
without limitation, Parkland's ability to successfully integrate
acquisitions, capture synergies, successfully implement organic
growth initiatives and to finance such acquisitions and initiatives
on reasonable terms; industry capacity; competitive action by other
companies; refining and marketing margins; the ability of suppliers
to meet commitments; actions by governmental authorities and other
regulators including but not limited to increases in taxes; changes
and developments in environmental and other regulations; and other
factors, many of which are beyond the control of Parkland. See also
the risks and uncertainties described under the headings
"Cautionary Statement Regarding Forward-Looking Information" and
"Risk Factors" in Parkland's current Annual Information Form, and
under the headings "Forward-Looking Information" and "Risk Factors"
in Parkland's Management's Discussion and Analysis for the most
recently completed financial period, each as filed on SEDAR+ and
available on Parkland's website at www.parkland.ca. The
forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
About Parkland
Corporation
Parkland is an international fuel distributor, marketer, and
convenience retailer with operations in 25 countries across the
Americas. We serve over one million customers each day. Our vast
retail network meets the fuel and convenience needs of everyday
consumers. Our commercial operations provide businesses with
industrial fuels so that they can better serve their customers.
With approximately 4,000 retail and commercial locations across
Canada, the United States and the Caribbean region, we have developed supply,
distribution and trading capabilities to accelerate growth and
business performance.
In addition to meeting our customers' needs for essential fuels,
we provide a range of choices to help them lower their
environmental impact. These include carbon and renewables trading,
solar power, renewables manufacturing and ultra-fast EV charging.
Parkland's proven business model is centered around organic growth,
our supply advantage, and is driven by scale, our integrated
refinery and supply infrastructure, and focus on acquiring
prudently and integrating successfully.
Our strategy is focused on developing our existing business in
resilient markets, growing our food, convenience and renewable
energy businesses and helping customers to decarbonize. Our
business is underpinned by our people, our values of safety,
integrity, community and respect, which are deeply embedded across
our organization.
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SOURCE Parkland Corporation