FirstService Declares Quarterly Cash Dividend on Common Shares
September 16 2016 - 2:23PM
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$0.11 per
Common Share. The dividend is payable on October 7, 2016 to holders
of Common Shares of record at the close of business on September
30, 2016. The dividend on Common Shares is an "eligible dividend"
for Canadian income tax purposes.
About FirstService Corporation
FirstService 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 $1.3 billion in annual revenues
and has more than 16,000 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 Patterson
President & CEO
(416) 960-9500
Jeremy Rakusin
Chief Financial Officer
(416) 960-9500
FirstService (NASDAQ:FSV)
Historical Stock Chart
From Jun 2024 to Jul 2024
FirstService (NASDAQ:FSV)
Historical Stock Chart
From Jul 2023 to Jul 2024