Gibson Energy Announces 5% Dividend Increase & Declares Quarterly Dividend

Core Viewpoint - Gibson Energy Inc. announced a quarterly dividend increase of $0.02 per common share, bringing the total to $0.45 per share, reflecting a commitment to delivering reliable returns to shareholders [1][2]. Group 1: Dividend Announcement - The Board of Directors approved a quarterly dividend of $0.45 per common share, payable on April 17, 2026, to shareholders of record on March 30, 2026 [1]. - This dividend is designated as an eligible dividend for Canadian income tax purposes, with non-resident shareholders subject to Canadian withholding tax [1]. Group 2: Financial Performance - The increase of five percent in the dividend reflects continued growth in stable Infrastructure cash flows, driven by the successful completion of key capital projects in 2025 [2]. - The company emphasizes a disciplined approach to capital allocation, aiming to provide long-term returns to shareholders [2]. Group 3: Company Overview - Gibson is a leading liquids Infrastructure company involved in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading [2]. - The company is headquartered in Calgary, Alberta, with operations across North America, including core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan [2].