FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers 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. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment operates and provides essential property services to residential and commercial customers, through five franchise networks; and company-owned locations, including 20 California Closets, 12 Paul Davis Restoration, and 1 CertaPro Painters locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.
FirstService Dividend Announcement
• FirstService announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-10-07. Ex dividend date: 2024-09-27
• FirstService annual dividend for 2024 was $0.75
• FirstService annual dividend for 2023 was $0.90
• FirstService's trailing twelve-month (TTM) dividend yield is 0.49%
• FirstService's payout ratio for the trailing twelve months (TTM) is 40.15%
• FirstService's dividend growth over the last five years (2018-2023) was 10.76% year
FirstService Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.25 | quarterly | 2024-10-07 |
2024-06-28 | $0.25 | quarterly | 2024-07-05 |
2024-03-27 | $0.25 | quarterly | 2024-04-05 |
2023-12-28 | $0.23 | quarterly | 2024-01-05 |
2023-09-28 | $0.23 | quarterly | 2023-10-06 |
2023-06-29 | $0.23 | quarterly | 2023-07-07 |
2023-03-30 | $0.23 | quarterly | 2023-04-11 |
2022-12-29 | $0.20 | quarterly | 2023-01-06 |
2022-09-28 | $0.20 | quarterly | 2022-10-07 |
2022-06-29 | $0.20 | quarterly | 2022-07-07 |
2022-03-30 | $0.20 | quarterly | 2022-04-07 |
2021-12-30 | $0.18 | quarterly | 2022-01-07 |
2021-09-28 | $0.18 | quarterly | 2021-10-07 |
2021-06-29 | $0.18 | quarterly | 2021-07-07 |
2021-03-30 | $0.18 | quarterly | 2021-04-07 |
2020-12-30 | $0.17 | quarterly | 2021-01-07 |
2020-09-29 | $0.17 | quarterly | 2020-10-07 |
2020-06-29 | $0.17 | quarterly | 2020-07-07 |
2020-03-30 | $0.17 | quarterly | 2020-04-07 |
2019-12-30 | $0.15 | quarterly | 2020-01-08 |
2019-09-27 | $0.15 | quarterly | 2019-10-07 |
2019-06-27 | $0.15 | quarterly | 2019-07-05 |
2019-03-28 | $0.15 | quarterly | 2019-04-05 |
2018-12-28 | $0.14 | quarterly | 2019-01-08 |
2018-09-27 | $0.14 | quarterly | 2018-10-05 |
2018-06-28 | $0.14 | quarterly | 2018-07-06 |
2018-03-28 | $0.14 | quarterly | 2018-04-06 |
2017-12-28 | $0.12 | quarterly | 2018-01-05 |
2017-09-28 | $0.12 | quarterly | 2017-10-06 |
2017-06-28 | $0.12 | quarterly | 2017-07-07 |
2017-03-29 | $0.12 | quarterly | 2017-04-07 |
2016-12-28 | $0.11 | quarterly | 2017-01-09 |
2016-09-28 | $0.11 | quarterly | 2016-10-07 |
2016-06-28 | $0.11 | quarterly | 2016-07-07 |
2016-03-29 | $0.11 | quarterly | 2016-04-07 |
2015-12-29 | $0.10 | quarterly | 2016-01-07 |
2015-09-28 | $0.10 | quarterly | 2015-10-07 |
2015-06-26 | $0.10 | quarterly | 2015-07-07 |
FirstService Dividend per year
FirstService Dividend growth
FirstService Dividend Yield
FirstService current trailing twelve-month (TTM) dividend yield is 0.49%. Interested in purchasing FirstService stock? Use our calculator to estimate your expected dividend yield:
FirstService Financial Ratios
FirstService Dividend FAQ
Other factors to consider when evaluating FirstService as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: FirstService's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, FirstService publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, FirstService distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from FirstService are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: FirstService sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, FirstService distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: FirstService declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of FirstService's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review FirstService's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.