FirstService (FSV) lifts dividend 11%, setting new annual payout at $1.22

Rhea-AI Filing Summary

FirstService Corporation is increasing its shareholder payout. The Board approved an 11% rise in the quarterly cash dividend on its Common Shares to US$0.305 per share, up from US$0.275. This implies an annual dividend of US$1.22, compared with US$1.10 previously.

The dividend will be paid on April 7, 2026 to shareholders of record on March 31, 2026, and is designated an eligible dividend for Canadian tax purposes. Management highlights more than a decade of at least 10% annual dividend growth, supported by earnings and free cash flow, and notes it is maintaining a conservative balance sheet.

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Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number: 001-36897

FIRSTSERVICE CORPORATION
(Translation of registrant's name into English)

1255 Bay Street, Suite 600
Toronto, Ontario, Canada
M5R 2A9
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		FIRSTSERVICE CORPORATION
		(Registrant)
Date: February 3, 2026		/s/ Jeremy Rakusin
		Jeremy Rakusin
		Chief Financial Officer

EXHIBIT INDEX

Exhibit		Description of Exhibit
99.1		Press Release, dated February 3, 2026.

EXHIBIT 99.1

FirstService Declares 11% Increase to Quarterly Cash Dividend

TORONTO, 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 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 change did FirstService (FSV) announce in this Form 6-K?

FirstService increased its quarterly dividend by 11%. The payment rises from US$0.275 to US$0.305 per Common Share, reflecting confidence in its earnings and cash flow while returning more capital to shareholders through a higher regular cash payout.

What is FirstService (FSV)'s new annual dividend rate after the increase?

The new annual dividend rate is US$1.22 per share. This is based on the raised quarterly dividend of US$0.305 per Common Share, up from a prior annual rate of US$1.10, continuing the company’s long-standing pattern of double-digit annual dividend growth.

When will FirstService (FSV)'s higher dividend be paid and who qualifies?

The higher dividend will be paid on April 7, 2026. Shareholders who hold FirstService Common Shares at the close of business on March 31, 2026 will be entitled to receive the US$0.305 per-share quarterly cash dividend.

How has FirstService (FSV) historically grown its dividend?

FirstService reports over 10 years of at least 10% annual dividend growth. The company attributes this track record to strong earnings and free cash flow, combined with a conservative balance sheet that preserves flexibility to keep raising dividends over time.

Is FirstService (FSV)'s dividend eligible for Canadian tax benefits?

Yes, FirstService states its Common Share dividend is an "eligible dividend". For Canadian income tax purposes, eligible dividends may receive preferential tax treatment for many investors, making the company’s rising cash payouts potentially more attractive to Canadian shareholders.

What scale of operations does FirstService (FSV) highlight in the filing?

FirstService cites approximately US$5.5 billion in annual revenues. The company operates in North American property services with more than 30,000 employees, serving residential communities and property service brands through company-owned operations and franchise systems.