#Canada #dividends #Calgary #Parkland Corporation #TSX PKI

Parkland Corporation Announces 2025 Second Quarter Dividend

On June 11, 2025, Parkland Corporation, a prominent player in the fuel distribution sector, unveiled its plans to declare a dividend of $0.36 per share. This decision underscores the company's commitment to providing shareholder value and reflects its robust financial performance in the face of ongoing market challenges.

The dividend is scheduled to be disbursed on July 15, 2025, benefiting all shareholders who are on record as of June 20, 2025. Notably, this dividend qualifies as an 'eligible dividend' under Canadian income tax regulations, providing extra incentive for Canadian shareholders to hold their shares.

Overview of Parkland Corporation

Parkland Corporation operates as an international fuel distributor and convenience retailer, with a footprint in 26 countries across the Americas. Its diverse offerings cater to the everyday needs of consumers while also helping businesses secure reliable fuel supplies for their operations. The company prides itself on delivering exceptional service and a wide array of fuel options, thereby assisting customers in minimizing their environmental impact through innovative solutions such as renewable fuels and ultra-fast EV charging.

Retail and Commercial Operations
Parkland has built an extensive retail network comprising approximately 4,000 locations throughout Canada, the U.S., and the Caribbean. This vast distribution system enhances its ability to serve a diverse clientele effectively. The company’s operational strategy revolves around two pivotal areas: 'Customer Advantage' and 'Supply Advantage.' By focusing on these aspects, Parkland aims to not only meet customer expectations but also ensure efficient service delivery at competitive prices.

Customer Advantage
Through its 'Customer Advantage' strategy, Parkland seeks to become the preferred choice for customers. This includes leveraging proprietary brands, offering differentiated services, providing reliable customer support, and maintaining competitive pricing. Additionally, a compelling loyalty program enhances customer retention and satisfaction.

Supply Advantage
On the other hand, the 'Supply Advantage' allows Parkland to maintain the lowest service costs among independent fuel marketers operating in challenging markets. This is achieved through well-placed assets, significant scale, and robust supply and logistics capabilities. Such strengths position Parkland favorably for sustainable growth in an increasingly competitive industry.

Commitment to the Environment

An integral part of Parkland's operations is its dedication to environmental sustainability. The company not only provides essential fuel products but also invests in solutions like carbon credits, renewable energy sources, and solar power technologies. By taking this approach, Parkland not only meets customer needs but also contributes positively to the environment.

Conclusion

In conclusion, Parkland Corporation's recent dividend announcement highlights its ongoing commitment to shareholders while reinforcing its operational excellence. As the company navigates the complexities of the fuel distribution market, its strategic initiatives ensure that it remains well-positioned for future success. Shareholders can look forward to the upcoming dividend, reflecting the company's strong performance and dedication to delivering value.

For more information, you can review official communications or reach out to Parkland Corporation for detailed inquiries about their operations and future plans.