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FirstService Co. (TSE:FSV) Plans Quarterly Dividend of $0.35

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FirstService logo with Real Estate background

FirstService Co. (TSE:FSV - Get Free Report) NASDAQ: FSV declared a quarterly dividend on Tuesday, May 7th, Zacks reports. Shareholders of record on Friday, June 28th will be paid a dividend of 0.345 per share on Friday, July 5th. This represents a $1.38 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Friday, June 28th. This is a positive change from FirstService's previous quarterly dividend of $0.34.

FirstService Stock Performance

TSE FSV traded down C$0.18 during trading hours on Thursday, hitting C$207.29. 45,371 shares of the company's stock traded hands, compared to its average volume of 68,097. The business's fifty day moving average price is C$216.67 and its two-hundred day moving average price is C$215.24. The firm has a market capitalization of C$9.32 billion, a P/E ratio of 67.65, a P/E/G ratio of 107.75 and a beta of 0.89. FirstService has a 52 week low of C$186.43 and a 52 week high of C$231.73. The company has a current ratio of 1.77, a quick ratio of 1.25 and a debt-to-equity ratio of 104.41.

FirstService (TSE:FSV - Get Free Report) NASDAQ: FSV last announced its earnings results on Wednesday, April 24th. The company reported C$0.75 EPS for the quarter, missing analysts' consensus estimates of C$0.79 by C($0.04). FirstService had a return on equity of 11.77% and a net margin of 2.32%. The company had revenue of C$1.56 billion during the quarter, compared to the consensus estimate of C$1.53 billion. Equities research analysts predict that FirstService will post 6.9558535 EPS for the current year.


Insider Activity at FirstService

In other FirstService news, Director D. Scott Patterson sold 700 shares of FirstService stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of C$224.40, for a total transaction of C$157,080.00. In other FirstService news, Senior Officer Jeremy Alan Rakusin sold 1,000 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of C$226.27, for a total transaction of C$226,272.00. Also, Director D. Scott Patterson sold 700 shares of FirstService stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of C$224.40, for a total transaction of C$157,080.00. In the last ninety days, insiders sold 19,300 shares of company stock worth $4,357,897. 10.30% of the stock is owned by company insiders.

About FirstService

(Get Free Report)

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. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers 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.

Further Reading

Dividend History for FirstService (TSE:FSV)

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