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

Key Points

• Sienna Senior Living Inc. has announced a monthly dividend of **C$0.08** per share, set to be paid to stockholders on **September 15th**, with an ex-dividend date of **August 29th**.
• The company's stock has a current market price of **C$17.65**, with a **dividend yield of 5.3%** and a P/E ratio of **43.70**.
• Recent analyst ratings suggest a positive outlook, with **four analysts rating it as a "Buy"** and target prices ranging from **C$19.00 to C$21.00**.

Sienna Senior Living Inc. (TSE:SIA - Get Free Report) announced a monthly dividend on Friday, August 29th, TickerTech Dividends reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.078 per share on Monday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, August 29th.

Sienna Senior Living Price Performance

Sienna Senior Living stock opened at C$17.65 on Wednesday. The company's fifty day moving average price is C$18.45 and its 200 day moving average price is C$17.37. Sienna Senior Living has a 1 year low of C$14.59 and a 1 year high of C$19.12. The stock has a market capitalization of C$1.46 billion, a P/E ratio of 43.70 and a beta of 1.20. The company has a debt-to-equity ratio of 215.47, a quick ratio of 0.23 and a current ratio of 0.43.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada raised shares of Sienna Senior Living from a "hold" rating to a "moderate buy" rating and lifted their target price for the stock from C$18.00 to C$19.00 in a research note on Thursday, May 22nd. TD Securities boosted their price target on shares of Sienna Senior Living from C$20.00 to C$21.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Desjardins boosted their price target on shares of Sienna Senior Living from C$20.00 to C$21.00 and gave the stock a "buy" rating in a research note on Thursday, August 14th. Finally, CIBC upped their target price on shares of Sienna Senior Living from C$18.00 to C$19.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$18.93.

Sienna Senior Living Company Profile

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.

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