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

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

Sienna Senior Living Stock Up 0.3 %

SIA stock traded up C$0.05 during mid-day trading on Thursday, reaching C$16.99. 91,702 shares of the company traded hands, compared to its average volume of 241,743. The stock has a market cap of C$1.40 billion, a price-to-earnings ratio of 43.44 and a beta of 1.20. Sienna Senior Living has a fifty-two week low of C$10.62 and a fifty-two week high of C$17.60. The firm’s 50 day moving average price is C$16.86 and its 200 day moving average price is C$15.63. 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 analysts recently issued reports on SIA shares. TD Securities lifted their target price on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Scotiabank lifted their target price on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday, November 13th. CIBC lifted their target price on Sienna Senior Living from C$17.00 to C$19.00 in a research report on Wednesday, November 13th. Desjardins lifted their target price on Sienna Senior Living from C$16.50 to C$17.50 and gave the company a “buy” rating in a research report on Monday, August 12th. Finally, National Bankshares set a C$17.50 price objective on Sienna Senior Living and gave the stock an “outperform” rating in a research report on Thursday, August 29th. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$18.00.

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.