FirstService Declares Quarterly Cash Dividend on Common Shares

Rhea-AI Summary

FirstService (TSX: FSV; NASDAQ: FSV) declared a quarterly cash dividend of US$0.275 per common share, payable on January 7, 2026 to holders of record at the close of business on December 31, 2025. The dividend is designated an eligible dividend for Canadian income tax purposes. FirstService reported approximately US$5.5 billion in annual revenues and more than 30,000 employees, and its common shares trade under the symbol FSV on NASDAQ and the Toronto Stock Exchange.

Positive

• Dividend of US$0.275 per share declared
• Payable on January 7, 2026 to record holders on Dec 31, 2025
• Classified as an eligible dividend for Canadian tax purposes
• US$5.5B annual revenue scale provides payout context

Negative

• None.

News Market Reaction

+0.38%

1 alert

+0.38% News Effect

On the day this news was published, FSV gained 0.38%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Quarterly dividend: US$0.275 per Common Share Dividend pay date: January 7, 2026 Record date: December 31, 2025 +2 more

5 metrics

Quarterly dividend US$0.275 per Common Share Declared by Board of Directors

Dividend pay date January 7, 2026 Payable to holders of record

Record date December 31, 2025 Shareholders of record at close of business

Annual revenues US$5.5 billion Approximate annual revenues company-wide

Employees More than 30,000 Employees across North America

Market Reality Check

Price: $162.23 Vol: Volume 281,293 is 54% abo...

high vol

$162.23 Last Close

Volume Volume 281,293 is 54% above the 20-day average, signaling elevated interest into the dividend headline. high

Technical Shares at $152.72 trade below the 200-day MA ($177.25) and sit 27.16% under the 52-week high, only 3.73% above the low.

Peers on Argus

Real estate services peers showed mixed, mostly modest moves, with names like CW...

Real estate services peers showed mixed, mostly modest moves, with names like CWK and COMP up while NMRK was slightly down, suggesting today’s action in FSV is more stock-specific than sector-driven.

Common Catalyst Peer headlines focused on commercial real estate outlooks and management changes rather than dividends, indicating company-specific news flow.

Historical Context

5 past events · Latest: Dec 04 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Dividend declaration	Positive	+0.4%	Quarterly cash dividend of US$0.275 per common share announced.
Dec 01	Management change	Neutral	-0.5%	New CFO appointed at Roofing Corp of America with long finance experience.
Nov 10	Management appointment	Positive	+0.6%	Director of Residential Hospitality named to enhance resident experience programs.
Oct 28	Portfolio expansion	Positive	-2.0%	New management contract for Quincy Towers high-rise in New England portfolio.
Oct 23	Earnings results	Positive	-9.8%	Q3 revenue, EBITDA and EPS grew, but GAAP earnings and EPS were lower.

Pattern Detected

FSV’s recurring dividend declarations have typically seen mild positive or flat reactions, while solid operating results once coincided with a notable selloff, hinting at occasional negative divergence on earnings.

Recent Company History

Over the last few months, FirstService reported steady growth, with Q3 2025 revenue of $1.45B and Adjusted EPS of $1.76, but the stock fell 9.76% after that earnings release. Subsequent news centered on portfolio wins and leadership appointments with generally modest price moves. Dividend announcements at US$0.275 per share, including the current one, have produced small, often positive reactions, reinforcing the dividend as a steady, recurring feature rather than a major catalyst.

Market Pulse Summary

This announcement confirmed another quarterly cash dividend of US$0.275 per Common Share, payable on...

Analysis

This announcement confirmed another quarterly cash dividend of US$0.275 per Common Share, payable on January 7, 2026 to holders of record on December 31, 2025. It continues a pattern of regular payouts supported by annual revenues of about US$5.5 billion. Investors may track future earnings releases and any changes to the dividend rate or policy, as well as risk disclosures highlighted in the forward-looking statements and regulatory filings referenced in the release.

Key Terms

eligible dividend, forward-looking statements, Annual Report on Form 40-F

3 terms

eligible dividend financial

"The dividend on Common Shares is an "eligible dividend" for Canadian income tax"

An eligible dividend is a type of company payout treated as higher-quality income for tax purposes, typically coming from a corporation’s profits that have already been taxed at higher corporate rates. For investors this matters because eligible dividends usually result in a larger tax benefit or lower personal tax than other dividends, so they increase the after-tax return much like getting a thicker coupon on the same purchase.

forward-looking statements regulatory

"This press release includes or may include forward-looking statements."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Annual Report on Form 40-F regulatory

"Annual Report on Form 40-F filed with the United States Securities and Exchange"

An annual report on Form 40-F is a yearly filing that certain non-U.S. (commonly Canadian) public companies submit to the U.S. Securities and Exchange Commission to provide audited financial statements, management discussion, risk factors and governance information. For investors it’s like a company’s annual report card and storybook combined, allowing you to check profitability, cash flow, risks and how management explains the past year and plans for the future.

AI-generated analysis. Not financial advice.

TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.275 per Common Share. The dividend is payable on January 7, 2026 to holders of Common Shares of record at the close of business on December 31, 2025. 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 Statements
This press release includes or may include forward-looking statements. Much of this information can be identified by words such as “expect to,” “expected,” “will,” “estimated” 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’s services and the cost of providing services; (ii) the ability of FirstService to implement its business strategy, including FirstService’s 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’s annual information form for the year ended December 31, 2024 under the heading “Risk factors” (a copy of which may be obtained at www.sedarplus.ca) and Annual Report on Form 40-F filed with the United States Securities and Exchange Commission (a copy of which may be obtained at www.sec.gov), 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.

COMPANY CONTACTS:

D. Scott Patterson
Chief Executive Officer        
(416) 960-9566

Jeremy Rakusin
Chief Financial Officer
(416) 960-9566

FAQ

What dividend did FirstService (FSV) declare on December 4, 2025?

FirstService declared a quarterly cash dividend of US$0.275 per common share.

When is the FirstService (FSV) dividend payable and what is the record date?

The dividend is payable on January 7, 2026 to shareholders of record at the close of business on December 31, 2025.

Is the FirstService (FSV) dividend eligible for Canadian tax purposes?

Yes, the dividend on common shares is designated an eligible dividend for Canadian income tax purposes.

How does FirstService (FSV) describe its business scale in the dividend release?

FirstService reported approximately US$5.5 billion in annual revenues and over 30,000 employees across North America.

Which exchanges list FirstService common shares under the symbol FSV?

Common shares trade on the NASDAQ and the Toronto Stock Exchange under the symbol FSV.

How can I find more investor information about FirstService (FSV)?

More information is available on FirstService's website and in its filings at investor relations pages and regulatory sites referenced by the company.