FirstService Corporation (NASDAQ:FSV) Announces Quarterly Dividend of $0.31

FirstService Corporation (NASDAQ:FSV) (TSE:FSV) declared a quarterly dividend on Tuesday, February 3rd. Investors of record on Tuesday, March 31st will be given a dividend of 0.305 per share by the financial services provider on Tuesday, April 7th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, March 31st. This is a 10.9% increase from FirstService’s previous quarterly dividend of $0.28.

FirstService has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 7 consecutive years. FirstService has a dividend payout ratio of 17.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect FirstService to earn $5.91 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 18.6%.

FirstService Stock Performance

NASDAQ:FSV traded up $10.50 during mid-day trading on Wednesday, reaching $165.05. The stock had a trading volume of 333,247 shares, compared to its average volume of 207,038. FirstService has a twelve month low of $147.23 and a twelve month high of $209.66. The business has a 50 day simple moving average of $156.13 and a 200 day simple moving average of $174.58. The firm has a market capitalization of $7.55 billion, a price-to-earnings ratio of 54.68, a PEG ratio of 2.66 and a beta of 1.06. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.77 and a current ratio of 1.77.

More FirstService News

Here are the key news stories impacting FirstService this week:

• Positive Sentiment: Q4 earnings and revenue beat consensus — reported EPS $1.37 vs. $1.32 estimate and revenue $1.383B vs. ~$1.36B expected, showing a modest upside that beat forecasts. Article Title
• Positive Sentiment: Full‑year results show revenue and adjusted EPS growth (FY revenue ~$5.50B; adjusted EPS $5.75 vs. $5.00 prior year), supporting a narrative of sustained earnings expansion. Article Title
• Positive Sentiment: Board approved an 11% increase to the quarterly dividend (now $0.305/share), reflecting strong free cash flow and management confidence — a direct catalyst for income‑oriented investors. Article Title
• Positive Sentiment: Management cites acquisition‑driven growth supporting higher 2025 earnings — investors often reward visible M&A-driven scale when combined with dividend raises. Article Title
• Neutral Sentiment: Company hosted a conference call and issued the formal press release — useful for details on segment trends, margin outlook and M&A pipeline; watch management commentary for forward guidance. Article Title
• Neutral Sentiment: Reported short interest data is effectively zero/no change — not a current market mover. (Background trading stats: market cap ~ $7.5B, P/E ~54.)
• Negative Sentiment: Q4 operating metrics mixed: adjusted EBITDA was essentially flat quarter‑over‑year and GAAP operating earnings dipped slightly, indicating margin pressure in the most recent quarter. Article Title
• Negative Sentiment: Quarterly revenue growth was modest (~1.3% YoY), and the stock’s elevated P/E implies high expectations — any guidance shortfalls or slower integration of acquisitions could pressure the share price.

About FirstService

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.