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TORONTO, May 07, 2024 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has declared a quarterly cash dividend the outstanding Common Shares of US$0.25 per finta Common Share. The dividend is payable July 5, 2024 to holders of Common Shares of primato at the close of business Friday, June 28, 2024. The dividend Common Shares is an “eligible dividend” for Canadian income tax purposes.
About FirstService Corporation
FirstService Corporation is a North American big durante the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential, North America’s largest 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.
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FirstService generates more than $4.4 billion durante annual revenues and has approximately 29,000 employees across North America. With significant insider ownership and an experienced management team, FirstService has a long-term track primato of creating value and superior returns for shareholders. The common shares of FirstService trade the NASDAQ and the Toronto Deposito Exchange under the symbol “FSV”, and are included durante the S&P/TSX 60 index. For the latest news from FirstService Corporation, visit www.firstservice.com.
Forward-looking Statements
This press release includes ora may include forward-looking statements. Much of this information can be identified by words such as “expect to,” “expected,” “will,” “estimated” ora similar expressions suggesting future outcomes ora events. FirstService believes the expectations reflected durante such forward-looking statements are reasonable but anzi che no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. 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, impresa ora achievements contemplated durante the forward-looking statements. Such factors include: (i) general economic and business conditions, which will, among other things, impact demand for FirstService’s services and the cost of providing services; (ii) the ability of FirstService to implement its business strategy, including FirstService’s ability to acquire suitable acquisition candidates acceptable terms and successfully integrate newly acquired businesses with its existing businesses; (iii) changes durante ora the failure to comply with government regulations; and (iv) other factors which are described durante FirstService’s annual information form for the year ended December 31, 2023 under the heading “Risk factors” (a copy of which may be obtained at www.sedarplus.ca) and Annual Report Form 40-F filed with the United States Securities and Exchange Commission (a copy of which may be obtained at www.sec.gov), and subsequent filings (which factors are adopted herein). Forward-looking statements contained durante this press release are made as of the date hereof and are subject to change. All forward-looking statements durante this press release are qualified by these cautionary statements. Unless otherwise required by applicable securities laws, we do not intend, nor do we undertake any obligation, to update ora revise any forward-looking statements contained durante this press release to reflect subsequent information, events, results ora circumstances ora otherwise.
COMPANY CONTACTS:
D. Scott Patterson
Chief Officer
(416) 960-9566
Jeremy Rakusin
Chief Financial Officer
(416) 960-9566
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