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FirstService (FSV) Raises Quarterly Dividend 10% to $0.165; 0.7% Yield

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FirstService Declares 10% Increase to Quarterly Cash Dividend

February 4, 2020 12:45 PM EST

TORONTO, Feb. 04, 2020 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved a 10% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.15 per Common Share and declared a quarterly dividend of US$0.165 per Common Share. The dividend is payable on April 7, 2020 to holders of Common Shares of record at the close of business on March 31, 2020.

The Companys dividend will be US$0.66 on an annualized... More