FirstService Declares 11% Increase to Quarterly Cash Dividend

About this update from Firstservice Corp

[{"type":"text","content":"FirstService Declares 11% Increase to Quarterly Cash Dividend\nTORONTO, Feb. 03, 2026 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) (\"FirstService\") announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company and declared a quarterly dividend of US$0.305 per Common Share, up from the previous US$0.275 per Common Share. The dividend is payable on April 7, 2026 to holders of Common Shares of record at the close of business on March 31, 2026. The Company’s dividend will be US$1.22 on an annualized basis, up from US$1.10 during the past year. For more than 10 years, FirstService has delivered annual dividend growth of at least 10%, supported by the long-term track record of strong earnings and free cash flow growth at the Company. As we continue to drive responsible growth while maintaining a conservative balance sheet, we retain the financial flexibility to raise dividends and deliver additional returns to our shareholders. The dividend on Common Shares is an \"eligible dividend\" for Canadian income tax purposes. About FirstService Corporation FirstService Corporation is a North American leader in the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential – North America's largest manager of residential communities; and FirstService Brands – one of North America's largest providers of essential property services delivered through individually branded company-owned operations and franchise systems. FirstService generates approximately US$5.5 billion in annual revenues and has more than 30,000 employees across North America. With significant insider ownership and an experienced management team, FirstService has a long-term track record of creating value and superior returns for shareholders. The Common Shares of FirstService trade on the NASDAQ and the Toronto Stock Exchange under the symbol \"FSV\", and are included in the S&P/TSX 60 Index. More information is available at www.firstservice.com. Forward-looking StatementsThis press release includes or may include forward-looking statements. Much of this information can be identified by words such as “expect to,” “expected,” “will,” &#x20...

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