FirstService (FSV) Raises Quarterly Dividend 9.8% to $0.225; 0.6% Yield

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FirstService Declares 11% Increase to Quarterly Cash Dividend

February 6, 2023 12:00 PM EST

TORONTO, Feb. 06, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.2025 per Common Share and declared a quarterly dividend of US$0.225 per Common Share. The dividend is payable on April 11, 2023 to holders of Common Shares of record at the close of business on March 31, 2023.

The Companys dividend will be US$0.90 on an annualized basis, up from... More