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

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Friday, November 29th,TickerTech Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.078 per share on Friday, December 13th. This represents a $0.94 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date is Friday, November 29th.

Sienna Senior Living Stock Up 0.3 %

Shares of SIA traded up C$0.05 during midday trading on Thursday, reaching C$16.99. 91,702 shares of the stock were exchanged, compared to its average volume of 241,743. The company has a market cap of C$1.40 billion, a price-to-earnings ratio of 43.56 and a beta of 1.20. The firm has a 50 day simple moving average of C$16.86 and a 200-day simple moving average of C$15.63. Sienna Senior Living has a 12-month low of C$10.62 and a 12-month high of C$17.60. The company has a quick ratio of 0.23, a current ratio of 0.10 and a debt-to-equity ratio of 275.10.

Analyst Upgrades and Downgrades

Several research firms have commented on SIA. Desjardins boosted their target price on shares of Sienna Senior Living from C$16.50 to C$17.50 and gave the stock a “buy” rating in a research report on Monday, August 12th. National Bankshares set a C$17.50 price objective on shares of Sienna Senior Living and gave the stock an “outperform” rating in a report on Thursday, August 29th. Cormark upgraded Sienna Senior Living to a “moderate buy” rating in a report on Monday, October 28th. TD Securities upped their price target on Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Scotiabank raised their price objective on Sienna Senior Living from C$17.50 to C$18.00 in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$18.00.

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.