Savaria Co. (SIS) To Go Ex-Dividend on December 29th

Savaria Co. (TSE:SIS) declared a monthly dividend on Monday, December 18th, Zacks reports. Stockholders of record on Tuesday, January 2nd will be given a dividend of 0.03 per share on Tuesday, January 16th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Friday, December 29th.

Savaria (TSE SIS) opened at C$18.09 on Thursday. Savaria has a 1 year low of C$10.18 and a 1 year high of C$18.47. The company has a market cap of $735.42, a P/E ratio of 50.25 and a beta of 0.27.

A number of equities analysts have recently commented on the stock. National Bank Financial raised their price objective on shares of Savaria from C$17.00 to C$18.50 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. Desjardins restated a “buy” rating and issued a C$16.50 price objective on shares of Savaria in a research report on Wednesday, October 18th.

In other Savaria news, Director Jean-Louis Chapdelaine sold 5,000 shares of Savaria stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of C$17.20, for a total transaction of C$86,000.00. Over the last quarter, insiders have sold 11,000 shares of company stock valued at $192,880.

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About Savaria

Savaria Corporation operates in the accessibility industry in Canada, the United States, and internationally. The company operates in two segments, Accessibility and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes, and installs accessibility products, such as stairlifts for straight and curved stairs; vertical and inclined wheelchair lifts; elevators for home and commercial use; and patient lifts.

Dividend History for Savaria (TSE:SIS)

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