FirstService Co. (TSE:FSV) Plans Quarterly Dividend of $0.34

FirstService Co. (TSE:FSV) (NASDAQ:FSV) announced a quarterly dividend on Tuesday, September 10th, Zacks reports. Shareholders of record on Monday, September 30th will be paid a dividend of 0.337 per share on Monday, October 7th. This represents a $1.35 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend is Friday, September 27th.

FirstService Stock Up 0.4 %

Shares of TSE FSV traded up C$0.97 during trading on Thursday, reaching C$244.19. 4,455 shares of the stock were exchanged, compared to its average volume of 71,227. The business’s 50-day moving average price is C$231.71 and its 200 day moving average price is C$218.82. The company has a market capitalization of C$10.99 billion, a price-to-earnings ratio of 100.92, a price-to-earnings-growth ratio of 107.75 and a beta of 0.97. FirstService has a twelve month low of C$187.25 and a twelve month high of C$245.63. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 105.28.

FirstService (TSE:FSV) (NASDAQ:FSV) last posted its quarterly earnings data on Thursday, July 25th. The company reported C$1.71 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.58 by C$0.13. FirstService had a net margin of 1.73% and a return on equity of 9.46%. The company had revenue of C$1.78 billion during the quarter, compared to analysts’ expectations of C$1.76 billion. As a group, equities analysts forecast that FirstService will post 6.535647 EPS for the current fiscal year.

Insider Activity at FirstService

In other news, Director Joan Eloise Sproul sold 1,100 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of C$205.96, for a total value of C$226,556.00. In related news, Director Joan Eloise Sproul sold 1,100 shares of the company’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of C$205.96, for a total transaction of C$226,556.00. Also, Senior Officer Douglas G. Cooke sold 2,000 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of C$209.60, for a total value of C$419,200.00. Insiders have sold 14,600 shares of company stock valued at $2,650,750 over the last ninety days. Corporate insiders own 10.28% of the company’s stock.

About FirstService

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.