Financial News

FirstService Declares Quarterly Cash Dividend on Common Shares

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TORONTO, Might 11, 2021 (GLOBE NEWSWIRE) — FirstService Company (TSX: FSV; NASDAQ: FSV) (“FirstService“) introduced at present that its Board of Administrators has declared a quarterly money dividend on the excellent Widespread shares of US$0.1825 per Widespread Share. The dividend is payable on July 7, 2021 to holders of Widespread Shares of file on the shut of enterprise on June 30, 2021. The dividend on Widespread Shares is an “eligible dividend” for Canadian revenue tax functions.

About FirstService CompanyFirstService Company is a North American chief within the property providers sector, serving its prospects by way of two industry-leading service platforms: FirstService Residential, North America’s largest supervisor of residential communities; and FirstService Manufacturers, one in every of North America’s largest suppliers of important property providers delivered by way of individually branded franchise programs and company-owned operations.

FirstService generates greater than $2.8 billion in annual revenues and has roughly 24,000 staff throughout North America. The Widespread Shares of FirstService commerce on the NASDAQ and the Toronto Inventory Change beneath the image “FSV”. 

For the most recent information from FirstService Company, go to www.firstservice.com

Ahead-looking Statements
This press launch contains or could embrace forward-looking statements. A lot of this data may be recognized by phrases reminiscent of “count on to,” “anticipated,” “will,” “estimated” or related expressions suggesting future outcomes or occasions. FirstService believes the expectations mirrored in such forward-looking statements are cheap however no assurance may be provided that these expectations will show to be right and such forward-looking statements shouldn’t be unduly relied upon. These statements contain identified and unknown dangers, uncertainties and different elements which can trigger the precise outcomes to be materially totally different from any future outcomes, efficiency or achievements contemplated within the forward-looking statements. Such elements embrace: (i) normal financial and enterprise circumstances, which can, amongst different issues, impression demand for FirstService’s providers and the price of offering providers; (ii) the flexibility of FirstService to implement its enterprise technique, together with FirstService’s means to amass appropriate acquisition candidates on acceptable phrases and efficiently combine newly acquired companies with its present companies; (iii) adjustments in or the failure to adjust to authorities rules; and (iv) different elements that are described in FirstService’s annual data type for the 12 months ended December 31, 2020 beneath the heading “Danger elements” (a replica of which can be obtained at www.sedar.com) and Annual Report on Kind 40-F filed with america Securities and Change Fee (a replica of which can be obtained at www.sec.gov), and subsequent filings (which elements are adopted herein). Ahead-looking statements contained on this press launch are made as of the date hereof and are topic to alter. All forward-looking statements on this press launch are certified by these cautionary statements. Except in any other case required by relevant securities legal guidelines, we don’t intend, nor will we undertake any obligation, to replace or revise any forward-looking statements contained on this press launch to replicate subsequent data, occasions, outcomes or circumstances or in any other case.

COMPANY CONTACTS:

D. Scott Patterson
President & CEO
(416) 960-9566

Jeremy Rakusin
Chief Monetary Officer
(416) 960-9566

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