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

Sienna Senior Living Inc. (TSE:SIA) declared a monthly dividend on Monday, April 15th, TickerTech reports. Stockholders 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 annualized dividend and a dividend yield of 7.28%. The ex-dividend date of this dividend is Monday, April 29th.

Sienna Senior Living Stock Performance

Shares of TSE:SIA traded down C$0.04 during midday trading on Wednesday, hitting C$12.85. The company had a trading volume of 26,167 shares, compared to its average volume of 245,859. Sienna Senior Living has a 12-month low of C$9.87 and a 12-month high of C$13.62. The company has a fifty day moving average of C$12.90 and a two-hundred day moving average of C$11.73. The company has a market cap of C$937.66 million, a price-to-earnings ratio of 128.90 and a beta of 1.15. The company has a debt-to-equity ratio of 269.32, a current ratio of 0.12 and a quick ratio of 0.23.

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

Analysts Set New Price Targets

Several research firms have recently weighed in on SIA. TD Securities lifted their target price on Sienna Senior Living from C$14.00 to C$14.50 and gave the stock a “buy” rating in a research report on Thursday, February 22nd. CIBC increased their price objective on Sienna Senior Living from C$12.50 to C$14.00 and gave the company a “neutral” rating in a report on Thursday, February 22nd. Royal Bank of Canada raised their price target on shares of Sienna Senior Living from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research report on Monday, February 26th. Finally, Scotiabank upped their price target on Sienna Senior Living from C$13.50 to C$14.50 and gave the company a “sector perform” rating in a research report on Thursday, February 22nd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Sienna Senior Living 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.