FirstService Corp (FSV) to Issue Quarterly Dividend of $0.22 on October 7th

FirstService Corp (TSE:FSV) (NASDAQ:FSV) announced a quarterly dividend on Thursday, September 10th, Zacks reports. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.215 per share on Wednesday, October 7th. This represents a $0.86 annualized dividend and a yield of 0.50%. The ex-dividend date is Tuesday, September 29th.

Shares of FirstService stock opened at C$171.53 on Friday. The business has a fifty day simple moving average of C$162.56 and a two-hundred day simple moving average of C$135.65. FirstService has a 1 year low of C$83.36 and a 1 year high of C$178.83. The company has a market capitalization of $7.46 billion and a price-to-earnings ratio of 122.96. The company has a debt-to-equity ratio of 103.97, a current ratio of 1.74 and a quick ratio of 1.38.

FirstService (TSE:FSV) (NASDAQ:FSV) last posted its quarterly earnings data on Thursday, July 23rd. The company reported C$0.88 earnings per share for the quarter, topping the consensus estimate of C($0.08) by C$0.96. The firm had revenue of C$861.90 million for the quarter, compared to the consensus estimate of C$738.48 million. As a group, equities analysts anticipate that FirstService will post 3.6377542 earnings per share for the current fiscal year.

In other FirstService news, Senior Officer Douglas G. Cooke sold 5,000 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of C$155.00, for a total transaction of C$775,000.00. Following the transaction, the insider now owns 171,524 shares in the company, valued at approximately C$26,586,220. Also, Director Brendan Calder sold 1,756 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of C$164.69, for a total value of C$289,195.64. Following the transaction, the director now owns 3,000 shares in the company, valued at approximately C$494,070. Insiders have sold a total of 17,456 shares of company stock worth $2,888,613 in the last quarter.

About FirstService

FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. The company operates through two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment provides property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.

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Dividend History for FirstService (TSE:FSV)

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