FirstService Corporation Announces Quarterly Cash Dividend

Author: Evelyn Baker Updated: 09-09-2025 02:01 PM

FirstService's Latest Dividend Announcement

FirstService Corporation (NASDAQ: FSV; TSX: FSV) has announced an exciting update for its investors. The company’s Board of Directors has declared a quarterly cash dividend of US$0.275 per Common Share. This dividend is scheduled for payment on a specific date to those shareholders who are recorded as of the business close on a prior date. This earnings distribution is categorized as an 'eligible dividend' for Canadian income tax considerations.

Understanding FirstService Corporation

FirstService Corporation is recognized across North America as a leader in property services, boasting two primary service platforms. FirstService Residential stands as North America’s leading manager of residential communities, while FirstService Brands ranks as one of the region's largest suppliers of essential property services, efficiently managed through both corporate operations and franchise models.

Financial Strength and Employee Base

The company generates impressive revenues, exceeding $5.4 billion annually, a testament to its robust operations and marketing strategies. Additionally, FirstService employs around 30,000 team members across North America, fostering an extensive network of support and service. The strong insider ownership and a capable management team further enhance the company’s capacity to provide significant shareholder returns.

Market Presence and Trading

FirstService is actively traded on both the NASDAQ and the Toronto Stock Exchange under the ticker symbol "FSV". It also holds a position in the S&P/TSX 60 Index, indicative of its pivotal role in the market and financial health. Investors can explore more about its services and offerings through its official website, ensuring they stay updated on company activities.

Company Leadership

FirstService Corporation benefits from experienced leadership, with D. Scott Patterson serving as the Chief Executive Officer. With his strategic guidance, the company is poised for continuous growth and innovation. Jeremy Rakusin, the Chief Financial Officer, also plays a crucial role in steering the company's financial strategy, ensuring stability and profitability in its operations.

Commitment to Stakeholders

The declared dividend represents FirstService's commitment to returning value to its shareholders, reflecting confidence in its long-term strategic vision and operational success. It highlights the balance FirstService seeks between reinvesting in business growth and providing returns to its investors.

Frequently Asked Questions

What is the amount of the latest dividend declared by FirstService?

FirstService has declared a quarterly cash dividend of US$0.275 per Common Share.

When is the dividend payment scheduled?

The dividend is payable on a specific date to shareholders on record as of a certain date.

What positions do D. Scott Patterson and Jeremy Rakusin hold at FirstService?

D. Scott Patterson is the Chief Executive Officer, while Jeremy Rakusin serves as the Chief Financial Officer.

What is the primary business focus of FirstService Corporation?

FirstService operates primarily in the property services sector, with a focus on managing residential communities and offering critical property services.

On which stock exchanges is FirstService Corporation listed?

FirstService is listed on the NASDAQ and Toronto Stock Exchange under the ticker symbol "FSV".

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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