CALGARY,
AB, June 13, 2023 /PRNewswire/ - Parkland
Corporation ("Parkland") (TSX: PKI) announces that a dividend of
$0.34 per share will be paid on
July 14, 2023 to shareholders of
record on June 22, 2023. The dividend
will be an 'eligible dividend' for Canadian income tax purposes.
The ex-dividend date is June 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 and retailer with
operations in 25 countries. Our purpose is to Power Journeys and
Energize Communities, and every day, we provide over one million
customers with the essential fuels, convenience items and quality
foods on which they depend.
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
ultrafast Electric Vehicle charging.
Our proven business model is centered around organic growth, our
supply advantage, driven by scale and our integrated refinery and
supply infrastructure, 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, and our values; safety,
integrity, community, and respect, which are deeply embedded across
our organization.
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SOURCE Parkland Corporation