FirstService Declares Quarterly Cash Dividend on Common Shares
September 12 2017 - 2:43PM
FirstService Corporation (TSX:FSV) (NASDAQ:FSV)
("
FirstService") announced today that its Board of
Directors has declared a quarterly cash dividend on the outstanding
Subordinate Voting Shares and Multiple Voting Shares of the Company
(together, the "
Common Shares") of US$0.1225 per
Common Share. The dividend is payable on October 6, 2017 to
holders of Common Shares of record at the close of business on
September 29, 2017. The dividend on Common Shares is an "eligible
dividend" for Canadian income tax purposes.
About FirstService CorporationFirstService
Corporation is a North American leader in the property
services sector, serving its customers through two industry-leading
service platforms: FirstService Residential,
North America's largest manager of residential communities;
and FirstService Brands, one of North
America's largest providers of essential property services
delivered through individually branded franchise systems and
company-owned operations.
FirstService generates more than $1.5 billion in annual revenues
and has more than 17,000 employees across North America. With
significant insider ownership and an experienced management team,
FirstService has a long-term track record of creating value and
superior returns for shareholders. The Subordinate Voting
Shares of FirstService trade on the NASDAQ and the Toronto Stock
Exchange under the symbol "FSV".
For the latest news from FirstService
Corporation, visit
www.firstservice.com
Forward-looking StatementsThis
press release includes or may include forward-looking statements.
Forward-looking statements include the Company’s financial
performance outlook and statements regarding goals, beliefs,
strategies, objectives, plans or current expectations. These
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results to be materially
different from any future results, performance or achievements
contemplated in the forward-looking statements. Such factors
include: (i) general economic and business conditions, which will,
among other things, impact demand for the Company’s services and
the cost of providing services; (ii) the ability of the Company to
implement its business strategy, including the Company’s ability to
acquire suitable acquisition candidates on acceptable terms and
successfully integrate newly acquired businesses with its existing
businesses; (iii) changes in or the failure to comply with
government regulations; and (iv) other factors which are described
in the Company’s filings with applicable Canadian and United States
securities regulatory authorities (which factors are adopted
herein).
COMPANY CONTACTS:
D. Scott
PattersonPresident &
CEO (416)
960-9500
Jeremy RakusinChief
Financial Officer(416) 960-9500
FirstService (NASDAQ:FSV)
Historical Stock Chart
From Aug 2024 to Sep 2024
FirstService (NASDAQ:FSV)
Historical Stock Chart
From Sep 2023 to Sep 2024