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

Sienna Senior Living Inc. (TSE:SIA) announced a monthly dividend on Thursday, August 15th, Zacks reports. Investors of record on Friday, August 30th will be given a dividend of 0.078 per share on Friday, September 13th. This represents a $0.94 dividend on an annualized basis and a yield of 6.15%. The ex-dividend date is Friday, August 30th.

Sienna Senior Living Stock Up 0.8 %

SIA stock opened at C$15.22 on Friday. The company has a market cap of C$1.11 billion, a P/E ratio of 39.03 and a beta of 1.15. Sienna Senior Living has a 52 week low of C$9.87 and a 52 week high of C$15.91. The company’s 50-day moving average price is C$14.84 and its 200 day moving average price is C$13.86. The company has a current ratio of 0.10, a quick ratio of 0.23 and a debt-to-equity ratio of 275.10.

Analysts Set New Price Targets

SIA has been the topic of a number of research analyst reports. National Bankshares set a C$17.00 price objective on shares of Sienna Senior Living and gave the stock an “outperform” rating in a report on Tuesday, July 23rd. National Bank Financial raised Sienna Senior Living to a “strong-buy” rating in a research note on Monday, July 22nd. Desjardins raised their price target on Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research report on Monday. Royal Bank of Canada upped their price objective on Sienna Senior Living from C$14.00 to C$16.00 and gave the company a “sector perform” rating in a research report on Friday, May 17th. Finally, CIBC lifted their price objective on Sienna Senior Living from C$16.00 to C$17.00 and gave the stock a “neutral” rating in a research report on Monday. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$17.17.

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.