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

Sienna Senior Living Inc. (TSE:SIA - Get Free Report) declared a monthly dividend on Monday, June 30th, TickerTech Dividends reports. Shareholders of record on Tuesday, July 15th will be paid a dividend of 0.078 per share on Tuesday, July 15th. This represents a $0.94 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date of this dividend is Monday, June 30th.

Sienna Senior Living Stock Performance

SIA stock traded up C$0.26 during midday trading on Tuesday, reaching C$19.05. 367,348 shares of the company were exchanged, compared to its average volume of 283,792. The company has a debt-to-equity ratio of 215.47, a current ratio of 0.43 and a quick ratio of 0.23. Sienna Senior Living has a one year low of C$14.10 and a one year high of C$19.12. The business has a 50-day moving average price of C$17.95 and a two-hundred day moving average price of C$16.54. The firm has a market capitalization of C$1.58 billion, a price-to-earnings ratio of 47.16 and a beta of 1.20.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on SIA shares. CIBC raised their price objective on Sienna Senior Living from C$18.00 to C$19.00 and gave the company a "neutral" rating in a research note on Thursday, May 8th. TD Securities raised their target price on Sienna Senior Living from C$20.00 to C$21.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Desjardins upped their price target on Sienna Senior Living from C$18.00 to C$20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, Royal Bank Of Canada raised Sienna Senior Living from a "hold" rating to a "moderate buy" rating and boosted their price target for the company from C$18.00 to C$19.00 in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$18.79.

About Sienna Senior Living

Sienna Senior Living Inc is one of the largest owners of seniors' housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement and Other.