FirstService's last quarterly cash dividend of $0.25 per share was issued to shareholders on record before Mar 27, 2024. The dividend payment stands at $0.93 per share annually, which equates to a dividend yield of 0.61%. The latest FSV dividend of $0.25 is an increase from the previous $0.225 payout, representing a growth of 11%.
FSV has a dividend yield of 0.61% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 6.23%, FirstService's dividend yield is 90% lower. The current dividend yield is more than the historical average of 0.6% of the last 5 years.
FirstService has been paying dividends for the last nine years. According to our records FSV has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 11% for the last twelve months. And with the stock price up by 2.9% from a year ago, the dividend yield has increased by 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 27, 2024 | Apr 5, 2024 | Feb 5, 2024 | $0.25 | normal |
| Dec 28, 2023 | Jan 5, 2024 | Nov 28, 2023 | $0.225 | normal |
| Sep 28, 2023 | Oct 6, 2023 | Sep 12, 2023 | $0.225 | normal |
| Jun 29, 2023 | Jul 7, 2023 | May 9, 2023 | $0.225 | normal |
| Mar 30, 2023 | Apr 11, 2023 | Feb 6, 2023 | $0.225 | normal |
| Dec 29, 2022 | Jan 6, 2023 | Nov 29, 2022 | $0.203 | normal |
| Sep 29, 2022 | Oct 7, 2022 | Sep 13, 2022 | $0.203 | normal |
| Jun 29, 2022 | Jul 7, 2022 | May 10, 2022 | $0.203 | normal |
| Mar 30, 2022 | Apr 7, 2022 | Feb 14, 2022 | $0.203 | normal |
| Dec 30, 2021 | Jan 7, 2022 | Dec 2, 2021 | $0.183 | normal |
| Sep 29, 2021 | Oct 7, 2021 | Sep 15, 2021 | $0.183 | normal |
| Jun 29, 2021 | Jul 7, 2021 | May 11, 2021 | $0.183 | normal |
| Mar 30, 2021 | Apr 7, 2021 | Feb 8, 2021 | $0.183 | normal |
| Dec 30, 2020 | Jan 7, 2021 | Dec 2, 2020 | $0.165 | normal |
| Sep 29, 2020 | Oct 7, 2020 | Sep 10, 2020 | $0.165 | normal |
| Jun 29, 2020 | Jul 7, 2020 | Jun 17, 2020 | $0.165 | normal |
| Mar 30, 2020 | Apr 7, 2020 | Feb 4, 2020 | $0.165 | normal |
| Dec 30, 2019 | Jan 8, 2020 | Dec 3, 2019 | $0.15 | normal |
| Sep 27, 2019 | Oct 7, 2019 | Sep 11, 2019 | $0.15 | normal |
| Jun 27, 2019 | Jul 5, 2019 | May 22, 2019 | $0.15 | normal |
FSV has a payout ratio of 45.6% which is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 138.1%, FirstService's payout ratio is 67% lower.
Yes, FirstService has paid four dividends in the last twelve months. FSV has been paying dividends since 2015.
At this point we don't have a record of FSV's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
FirstService's last dividend ex-date was on Mar 27, 2024. The dividend amount was $0.25 per share.
On an annual basis FSV pays $0.93 per share.
Currently FirstService's dividend yield is 0.61%.
FirstService pays four dividends per year.
The dividend payout ratio of FirstService is 45.6%.
FirstService's dividend yield is less than the Real Estate sector average.