FirstService Declares Quarterly Cash Dividend on Common

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TORONTO, Sept. 13, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) introduced right now that its Board of Directors has declared a quarterly money dividend on the excellent Common shares of US$0.2025 per Common Share. The dividend is payable on October 7, 2022 to holders of Common Shares of file on the shut of business on September 30, 2022. The dividend on Common Shares is an “eligible dividend” for Canadian revenue tax functions.

About FirstService Corporation
FirstService Corporation is a North American chief within the property providers sector, serving its clients via two industry-leading service platforms: FirstService Residential, North America’s largest supervisor of residential communities; and FirstService Brands, one among North America’s largest suppliers of important property providers delivered via individually branded franchise methods and company-owned operations.

FirstService generates greater than $3.4 billion in annual revenues and has roughly 25,000 staff throughout North America. With important insider possession and an skilled administration staff, FirstService has a long-term observe file of making worth and superior returns for shareholders. The frequent shares of FirstService commerce on the NASDAQ and the Toronto Stock Exchange below the image “FSV”, and are included within the S&P/TSX 60 index. For the most recent information from FirstService Corporation, go to www.firstservice.com.

Forward-looking Statements
This press launch consists of or could embody forward-looking statements. Much of this info will be recognized by phrases similar to “expect to,” “expected,” “will,” “estimated” or related expressions suggesting future outcomes or occasions. FirstService believes the expectations mirrored in such forward-looking statements are affordable however no assurance will be provided that these expectations will show to be appropriate and such forward-looking statements shouldn’t be unduly relied upon. These statements contain recognized and unknown dangers, uncertainties and different components which can trigger the precise outcomes to be materially totally different from any future outcomes, efficiency or achievements contemplated within the forward-looking statements. Such components embody: (i) basic financial and business circumstances, which is able to, amongst different issues, influence demand for FirstService’s providers and the price of offering providers; (ii) the power of FirstService to implement its business technique, together with FirstService’s capacity to accumulate appropriate acquisition candidates on acceptable phrases and efficiently combine newly acquired companies with its present companies; (iii) modifications in or the failure to adjust to authorities rules; and (iv) different components that are described in FirstService’s annual info kind for the 12 months ended December 31, 2021 below the heading “Risk factors” (a replica of which can be obtained at www.sedar.com) and Annual Report on Form 40-F filed with the United States Securities and Exchange Commission (a replica of which can be obtained at www.sec.gov), and subsequent filings (which components are adopted herein). Forward-looking statements contained on this press launch are made as of the date hereof and are topic to alter. All forward-looking statements on this press launch are certified by these cautionary statements. Unless in any other case required by relevant securities legal guidelines, we don’t intend, nor will we undertake any obligation, to replace or revise any forward-looking statements contained on this press launch to replicate subsequent info, occasions, outcomes or circumstances or in any other case.

COMPANY CONTACTS:

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

Jeremy Rakusin
Chief Financial Officer
(416) 960-9566



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