Propel Holdings Inc. announced that its Board of Directors has approved an increase to its dividend from CAD 0.42 to CAD 0.48 per common share on an annualized basis, effective first quarter 2024. This dividend represents an increase of 14% and the Company's third dividend increase since its IPO in 2021. The board also declared a dividend of CAD 0.12 per common share, payable on March 5, 2024 to shareholders of record as of the close of business on February 13, 2024.