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

Sienna Senior Living Inc. (TSE:SIA) announced a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.078 per share on Friday, March 14th. This represents a $0.94 annualized dividend and a dividend yield of 6.00%. The ex-dividend date of this dividend is Friday, February 28th.

Sienna Senior Living Stock Performance

Shares of SIA stock traded up C$0.01 on Wednesday, reaching C$15.60. The stock had a trading volume of 113,181 shares, compared to its average volume of 266,969. The stock has a market cap of C$1.29 billion, a P/E ratio of 38.62 and a beta of 1.20. Sienna Senior Living has a 1 year low of C$12.62 and a 1 year high of C$17.60. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43. The company has a 50 day simple moving average of C$15.51 and a 200 day simple moving average of C$16.12.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on SIA shares. Scotiabank raised their price objective on Sienna Senior Living from C$17.50 to C$18.00 in a research report on Wednesday, November 13th. BMO Capital Markets set a C$17.00 target price on Sienna Senior Living and gave the company an “outperform” rating in a research report on Thursday, January 30th. Finally, CIBC lifted their price target on shares of Sienna Senior Living from C$17.00 to C$19.00 in a research note 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 stock. According to data from MarketBeat, 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.