{"id":391999,"date":"2020-12-02T12:18:10","date_gmt":"2020-12-02T17:18:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=391999"},"modified":"2020-12-02T12:18:10","modified_gmt":"2020-12-02T17:18:10","slug":"firstservice-declares-quarterly-cash-dividend-on-common-shares-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\/","title":{"rendered":"FirstService Declares Quarterly Cash Dividend on Common Shares"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Dec.  02, 2020  (GLOBE NEWSWIRE) &#8212; FirstService Corporation (TSX: FSV; NASDAQ: FSV) (&#8220;<strong>FirstService<\/strong>&#8220;) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.165 per Common Share. The dividend is payable on January 7, 2021 to holders of Common Shares of record at the close of business on December 31, 2020. The dividend on Common Shares is an &#8220;eligible dividend&#8221; for Canadian income tax purposes.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About FirstService Corporation<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>\n        <strong>FirstService Corporation<\/strong> is a North American leader in the essential outsourced property services sector, serving its customers through two industry-leading service platforms: <strong>FirstService Residential<\/strong> &#8211; North America\u2019s largest manager of residential communities; and <strong>FirstService Brands<\/strong> &#8211; one of North America\u2019s largest providers of essential property services delivered through individually branded franchise systems and company-owned operations.<\/p>\n<p align=\"justify\">FirstService generates US$2.4 billion in annual revenues and has approximately 24,000 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 \u201cFSV\u201d. More information is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WfqlAQtR-3-7EbYCY_W-hvdxaF3uANmFsb0k6HTuwibb_FoE5OsDb9uDEcrd3n6n_5AyvPNl4MjiMKUA0hGvipsXpGmyPHYCUGTFfFnhbro=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.\ufb01rstservice.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Forward-looking Statements<\/u><br \/>\n        <\/strong><br \/>\n        <br \/>This press release includes or may include forward-looking statements. Much of this information can be identified by words such as \u201cexpect to,\u201d \u201cexpected,\u201d \u201cwill,\u201d \u201cestimated\u201d or similar expressions suggesting future outcomes or events. FirstService believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance or achievements contemplated in the forward-looking statements. Such factors include: (i) general economic and business conditions, which will, among other things, impact demand for FirstService\u2019s services and the cost of providing services; (ii) the ability of FirstService to implement its business strategy, including FirstService\u2019s ability to acquire suitable acquisition candidates on acceptable terms and successfully integrate newly acquired businesses with its existing businesses; (iii) changes in or the failure to comply with government regulations; and (iv) other factors which are described in FirstService\u2019s annual information form for the year ended December 31, 2019 under the heading \u201cRisk factors\u201d (a copy of which may be obtained at www.sedar.com) and Annual Report on Form 40-F filed with the United States Securities and Exchange Commission (a copy of which may be obtained at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mUo4N05YMWUsHiGbiGMoLnONa_p_1glSLWq15TgdaCWB_CliVOw2shzCuDs4iPh47IsztkfYiqfyH1ag6hDTEg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sec.gov<\/a>), and subsequent filings (which factors are adopted herein). Forward-looking statements contained in this press release are made as of the date hereof and are subject to change. All forward-looking statements in this press release are qualified by these cautionary statements. Unless otherwise required by applicable securities laws, we do not intend, nor do we undertake any obligation, to update or revise any forward-looking statements contained in this press release to reflect subsequent information, events, results or circumstances or otherwise.<\/p>\n<p align=\"justify\">\n        <strong>COMPANY CONTACTS:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>D. <\/strong><br \/>\n        <strong>Scott Patterson<\/strong><br \/>\n        <br \/>\n        <strong>President &amp;<\/strong><br \/>\n        <strong> CEO<\/strong><br \/>\n        <br \/>\n        <strong>(416) 960-95<\/strong><br \/>\n        <strong>66<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>J<\/strong><br \/>\n        <strong>eremy Rakusin<\/strong><br \/>\n        <br \/>\n        <strong>Chief Financial Officer<\/strong><br \/>\n        <br \/>\n        <strong>(416) 960-95<\/strong><br \/>\n        <strong>66<\/strong>\n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NTY1MiMzODQ4NDEyIzIwMTk4Mzk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/65a3e00d-3e98-425b-8d3b-e33219714d51\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) &#8212; FirstService Corporation (TSX: FSV; NASDAQ: FSV) (&#8220;FirstService&#8220;) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.165 per Common Share. The dividend is payable on January 7, 2021 to holders of Common Shares of record at the close of business on December 31, 2020. The dividend on Common Shares is an &#8220;eligible dividend&#8221; for Canadian income tax purposes. About FirstService Corporation FirstService Corporation is a North American leader in the essential outsourced property services sector, serving its customers through two industry-leading service platforms: FirstService Residential &#8211; North America\u2019s largest manager of residential communities; and FirstService Brands &#8211; one of North America\u2019s largest providers &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FirstService Declares Quarterly Cash Dividend on Common Shares&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-391999","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FirstService Declares Quarterly Cash Dividend on Common Shares - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FirstService Declares Quarterly Cash Dividend on Common Shares - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) &#8212; FirstService Corporation (TSX: FSV; NASDAQ: FSV) (&#8220;FirstService&#8220;) announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common shares of US$0.165 per Common Share. The dividend is payable on January 7, 2021 to holders of Common Shares of record at the close of business on December 31, 2020. The dividend on Common Shares is an &#8220;eligible dividend&#8221; for Canadian income tax purposes. About FirstService Corporation FirstService Corporation is a North American leader in the essential outsourced property services sector, serving its customers through two industry-leading service platforms: FirstService Residential &#8211; North America\u2019s largest manager of residential communities; and FirstService Brands &#8211; one of North America\u2019s largest providers &hellip; Continue reading &quot;FirstService Declares Quarterly Cash Dividend on Common Shares&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-02T17:18:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NTY1MiMzODQ4NDEyIzIwMTk4Mzk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FirstService Declares Quarterly Cash Dividend on Common Shares\",\"datePublished\":\"2020-12-02T17:18:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\\\/\"},\"wordCount\":527,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NTY1MiMzODQ4NDEyIzIwMTk4Mzk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/firstservice-declares-quarterly-cash-dividend-on-common-shares-3\\\/\",\"name\":\"FirstService Declares Quarterly Cash Dividend on Common Shares - 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The dividend is payable on January 7, 2021 to holders of Common Shares of record at the close of business on December 31, 2020. The dividend on Common Shares is an &#8220;eligible dividend&#8221; for Canadian income tax purposes. 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