Sienna Senior Living Inc. (TSE:SIA) to Issue $0.08 Monthly Dividend

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Monday, April 15th, TickerTech reports. Investors of record on Tuesday, April 30th will be paid a dividend of 0.078 per share on Wednesday, May 15th. This represents a $0.94 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date is Monday, April 29th.

Sienna Senior Living Price Performance

Shares of Sienna Senior Living stock opened at C$13.24 on Friday. Sienna Senior Living has a twelve month low of C$9.87 and a twelve month high of C$13.62. The stock has a market capitalization of C$966.12 million, a P/E ratio of 132.40 and a beta of 1.15. The company has a current ratio of 0.12, a quick ratio of 0.23 and a debt-to-equity ratio of 269.32. The business’s fifty day moving average price is C$13.08 and its 200 day moving average price is C$11.86.

Sienna Senior Living (TSE:SIA) last issued its earnings results on Tuesday, February 20th. The company reported C$0.01 earnings per share for the quarter. Sienna Senior Living had a return on equity of 1.74% and a net margin of 0.90%. The firm had revenue of C$210.74 million for the quarter.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SIA shares. Royal Bank of Canada lifted their target price on Sienna Senior Living from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a report on Monday, February 26th. Scotiabank boosted their price objective on Sienna Senior Living from C$13.50 to C$14.50 and gave the stock a “sector perform” rating in a research note on Thursday, February 22nd. TD Securities boosted their price objective on Sienna Senior Living from C$14.00 to C$14.50 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. Finally, CIBC boosted their price objective on Sienna Senior Living from C$12.50 to C$14.00 and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of C$14.00.

Sienna Senior Living Company Profile

Sienna Senior Living Inc provides senior living and long-term care (LTC) services in Canada. The company operates through Retirement and LTC segments. It offers independent supportive and assisted living, memory care, and long-term care services; and management services to senior living residences. The company was formerly known as Leisureworld Senior Care Corporation and changed its name to Sienna Senior Living Inc in May 2015.