The revised payout brings the total annual distribution to $1.22 per share. Based on Tuesday’s closing price of $152.65, the adjustment shifts the company's annual dividend yield to approximately 0.8%, an increase from the previous 0.72%.

According to the official board announcement, the new dividend is scheduled for payment on April 7. Investors must be listed as shareholders of record by the close of business on March 31 to qualify for the distribution.

FirstService continues to maintain a strong foothold in the essential property services sector, managing a vast portfolio of residential and commercial assets. This latest increase marks a consistent effort by the Toronto-listed firm to balance operational growth with shareholder rewards, following a period of resilient cash flow generation.