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FirstService (TSX:FSV) Dividend Yield % : 0.62% (As of May. 01, 2024)


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What is FirstService Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of FirstService is 0.62%.

Good Sign:

FirstService Corp stock dividend yield is close to 3-year high.

The historical rank and industry rank for FirstService's Dividend Yield % or its related term are showing as below:

TSX:FSV' s Dividend Yield % Range Over the Past 10 Years
Min: 0.27   Med: 0.6   Max: 1.05
Current: 0.62

During the past 13 years, the highest Dividend Yield of FirstService was 1.05%. The lowest was 0.27%. And the median was 0.60%.

TSX:FSV's Dividend Yield % is ranked worse than
92.7% of 891 companies
in the Real Estate industry
Industry Median: 3.43 vs TSX:FSV: 0.62

FirstService's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.37.

During the past 13 years, the highest Dividend Payout Ratio of FirstService was 0.27. The lowest was 0.16. And the median was 0.20.

As of today (2024-05-01), the Forward Dividend Yield % of FirstService is 0.67%.

FirstService's Dividends per Share for the three months ended in Mar. 2024 was C$0.34.

During the past 12 months, FirstService's average Dividends Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of FirstService was 20.90% per year. The lowest was 8.80% per year. And the median was 11.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


FirstService Dividend Yield % Historical Data

The historical data trend for FirstService's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FirstService Dividend Yield % Chart

FirstService Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.51 0.37 0.64 0.56

FirstService Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.57 0.60 0.56 0.56

Competitive Comparison of FirstService's Dividend Yield %

For the Real Estate Services subindustry, FirstService's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FirstService's Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FirstService's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where FirstService's Dividend Yield % falls into.



FirstService Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

FirstService Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2500002024-03-272024-03-292024-04-05Cash DividendquarterlyUSD:CAD 1.354570
USD 0.2250002023-12-282023-12-292024-01-05Cash DividendquarterlyUSD:CAD 1.324995
USD 0.2250002023-09-282023-09-292023-10-06Cash DividendquarterlyUSD:CAD 1.359050
USD 0.2250002023-06-292023-06-302023-07-07Cash DividendquarterlyUSD:CAD 1.323200

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

FirstService's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.240272625/202.20
=0.61 %

Current Share Price is C$202.20.
FirstService's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.240272625.

FirstService's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.35457/202.20
=0.67 %

Current Share Price is C$202.20.
FirstService's Dividends per Share for the forward twelve months is calculated as C$0.3386425 * 4 = C$1.35457.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FirstService  (TSX:FSV) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


FirstService Dividend Yield % Related Terms

Thank you for viewing the detailed overview of FirstService's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


FirstService (TSX:FSV) Business Description

Traded in Other Exchanges
Address
1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9
FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates most of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.

FirstService (TSX:FSV) Headlines

From GuruFocus

FirstService Declares Quarterly Cash Dividend on Common Shares

By GuruFocusNews GuruFocusNews 06-19-2022

FirstService Reports Second Quarter 2023 Results

By Marketwired 07-27-2023

FirstService Announces Property Restoration Additions

By Value_Insider Value_Insider 10-24-2022

Paul Davis Restoration Expands Company-Owned Operations

By sperokesalga sperokesalga 03-23-2023

FirstService Brands Completes Three Tuck-Under Acquisitions

By Value_Insider Value_Insider 12-20-2022

FirstService Declares Quarterly Cash Dividend on Common Shares

By GlobeNewswire GlobeNewswire 11-29-2022