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

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.078 per share on Friday, March 14th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date is Friday, February 28th.

Sienna Senior Living Stock Performance

Sienna Senior Living stock traded up C$0.11 during mid-day trading on Wednesday, reaching C$15.70. 85,262 shares of the company traded hands, compared to its average volume of 265,873. The company has a market capitalization of C$1.30 billion, a price-to-earnings ratio of 38.87 and a beta of 1.20. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. The firm’s fifty day moving average is C$15.51 and its two-hundred day moving average is C$16.12. Sienna Senior Living has a fifty-two week low of C$12.62 and a fifty-two week high of C$17.60.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. BMO Capital Markets set a C$17.00 target price on shares of Sienna Senior Living and gave the company an “outperform” rating in a report on Thursday, January 30th. CIBC upped their target price on shares of Sienna Senior Living from C$17.00 to C$19.00 in a report on Wednesday, November 13th. Finally, Scotiabank increased their price target on Sienna Senior Living from C$17.50 to C$18.00 in a report on Wednesday, November 13th. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Sienna Senior Living has a consensus rating of “Moderate Buy” and an average target price of C$17.86.

About Sienna Senior Living

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.