Declared Dividend • May 21
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 29th May 2026 Payment date: 15th June 2026 Dividend yield will be 4.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (197% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 119% to bring the payout ratio under control, which is more than the 30% EPS growth achieved over the last 5 years. Announcement • May 16
Sienna Senior Living Inc. Announces Dividend for the Month of May 2026, Payable on June 15, 2026 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of May 2026, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on June 15, 2026 to shareholders of record as at May 29, 2026. Announcement • May 07
Sienna Senior Living Inc. has filed a Follow-on Equity Offering in the amount of CAD 150 million. Sienna Senior Living Inc. has filed a Follow-on Equity Offering in the amount of CAD 150 million.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • May 06
First quarter 2026 earnings released: EPS: CA$0.17 (vs CA$0.18 in 1Q 2025) First quarter 2026 results: EPS: CA$0.17. Revenue: CA$275.4m (up 18% from 1Q 2025). Net income: CA$16.6m (up 5.4% from 1Q 2025). Profit margin: 6.0% (down from 6.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Healthcare industry in Canada. Announcement • May 06
Sienna Senior Living Inc. has withdrawn its Follow-on Equity Offering in the amount of CAD 150 million. Sienna Senior Living Inc. has withdrawn its Follow-on Equity Offering in the amount of CAD 150 million.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Declared Dividend • Apr 19
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 30th April 2026 Payment date: 15th May 2026 Dividend yield will be 4.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 114% to bring the payout ratio under control, which is more than the 37% EPS growth achieved over the last 5 years. Announcement • Apr 16
Sienna Senior Living Inc. Announces Dividend for the Month of April 2026, Payable on May 15, 2026 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of April 2026, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on May 15, 2026 to shareholders of record as at April 30, 2026. New Risk • Apr 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 193% Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Announcement • Apr 02
Sienna Senior Living Inc. to Report Q1, 2026 Results on May 05, 2026 Sienna Senior Living Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Declared Dividend • Mar 18
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 4.1%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 114% to bring the payout ratio under control, which is more than the 37% EPS growth achieved over the last 5 years. Announcement • Mar 13
Sienna Senior Living Inc. Announces March Dividend for 2026, Payable on April 15, 2026 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of March 2026, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on April 15, 2026 to shareholders of record as at March 31, 2026. Price Target Changed • Feb 26
Price target increased by 7.5% to CA$25.05 Up from CA$23.30, the current price target is an average from 10 analysts. New target price is 8.0% above last closing price of CA$23.20. Stock is up 48% over the past year. The company posted earnings per share of CA$0.49 last year. Reported Earnings • Feb 22
Full year 2025 earnings released: EPS: CA$0.49 (vs CA$0.50 in FY 2024) Full year 2025 results: EPS: CA$0.49. Revenue: CA$1.00b (up 13% from FY 2024). Net income: CA$44.5m (up 16% from FY 2024). Profit margin: 4.4% (up from 4.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Healthcare industry in Canada. Announcement • Feb 20
Sienna Senior Living Inc. has filed a Follow-on Equity Offering in the amount of CAD 150 million. Sienna Senior Living Inc. has filed a Follow-on Equity Offering in the amount of CAD 150 million.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Declared Dividend • Feb 19
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 27th February 2026 Payment date: 13th March 2026 Dividend yield will be 4.1%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (210% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 133% to bring the payout ratio under control, which is more than the 42% EPS growth achieved over the last 5 years. Announcement • Feb 17
Sienna Senior Living Inc., Annual General Meeting, Jun 03, 2026 Sienna Senior Living Inc., Annual General Meeting, Jun 03, 2026. Declared Dividend • Jan 19
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 30th January 2026 Payment date: 13th February 2026 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (210% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 133% to bring the payout ratio under control, which is more than the 42% EPS growth achieved over the last 5 years. New Risk • Jan 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 210% Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Announcement • Jan 15
Sienna Senior Living Inc. Announces January Dividend on Common Share, Payable on February 13, 2026 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of January 2026, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on February 13, 2026 to shareholders of record as at January 30, 2026. Announcement • Jan 09
Sienna Senior Living Inc. to Report Q4, 2025 Results on Feb 19, 2026 Sienna Senior Living Inc. announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Announcement • Dec 19
Sienna Senior Living Inc. announced that it has received CAD 250 million in funding On December 18, 2025, Sienna Senior Living Inc. closed the transaction. The company has raised gross proceeds of CAD 250 million in the transaction. The debentures were sold by way of a private placement in each of the provinces of Canada. Declared Dividend • Dec 18
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 4.6%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (210% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 133% to bring the payout ratio under control, which is more than the 42% EPS growth achieved over the last 5 years. Announcement • Dec 15
Sienna Senior Living Inc. Announces December Dividend on Common Share, Payable on January 15, 2026 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of December 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on January 15, 2026 to shareholders of record as at December 31, 2025. Announcement • Dec 12
Sienna Senior Living Inc. announced that it expects to receive CAD 250 million in funding Sienna Senior Living Inc. announced a private placement of series F senior unsecured debentures on best effort basis for the gross proceeds of CAD 250 million on December 11, 2025. The debentures, which will be issued at par, will bear interest at a rate of 3.524% per annum and will mature on December 18, 2028. The transaction is expected to close on or about December 18, 2025, subject to customary closing conditions. The debentures are unsubordinated in nature. The Debentures are rated “BBB (Stable)” by Morningstar DBRS. New Risk • Dec 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 210% Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Price Target Changed • Nov 24
Price target increased by 9.5% to CA$22.39 Up from CA$20.44, the current price target is an average from 9 analysts. New target price is 7.3% above last closing price of CA$20.87. Stock is up 25% over the past year. The company posted earnings per share of CA$0.50 last year. Declared Dividend • Nov 17
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 28th November 2025 Payment date: 15th December 2025 Dividend yield will be 4.7%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (210% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 133% to bring the payout ratio under control, which is more than the 42% EPS growth achieved over the last 5 years. Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: CA$0.11 (vs CA$0.062 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.11 (up from CA$0.062 in 3Q 2024). Revenue: CA$252.7m (up 17% from 3Q 2024). Net income: CA$10.4m (up 119% from 3Q 2024). Profit margin: 4.1% (up from 2.2% in 3Q 2024). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Healthcare industry in Canada. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Nov 14
Sienna Senior Living Inc. Announces November Dividend on Common Share, Payable on December 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the
month of November 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on December 15, 2025 to shareholders of record as at November 28, 2025. Announcement • Nov 07
Sienna Senior Living Inc. (TSX:SIA) entered into a purchase agreement to acquire Hygate Active Community Living for CAD 93.3 million. Sienna Senior Living Inc. (TSX:SIA) entered into a purchase agreement to acquire Hygate Active Community Living for CAD 93.3 million on November 6, 2025. The transaction will be funded through cash on hand and existing credit facilities. The transaction is subject to regulatory and governance approvals, and customary closing conditions. The transaction is expected to close within 60 days. Announcement • Oct 16
Sienna Senior Living Inc. Announces October Dividend, Payable on November 14, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of October 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on November 14, 2025 to shareholders of record as at October 31, 2025. Announcement • Oct 04
Sienna Senior Living Inc. (TSX:SIA) acquired Cawthra Gardens Long Term Care Residence for CAD 32.6 million. Sienna Senior Living Inc. (TSX:SIA) acquired Cawthra Gardens Long Term Care Residence for CAD 32.6 million on October 2, 2025. The transaction is financed through the use of general corporate funds.
Sienna Senior Living Inc. (TSX:SIA) completed the acquisition of Cawthra Gardens Long Term Care Residence on October 2, 2025. Announcement • Oct 03
Sienna Senior Living Inc. to Report Q3, 2025 Results on Nov 13, 2025 Sienna Senior Living Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025 Declared Dividend • Sep 17
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 5.2%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (234% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 160% to bring the payout ratio under control, which is more than the 44% EPS growth achieved over the last 5 years. Announcement • Sep 15
Sienna Senior Living Inc. Announces September Dividend, Payable on October 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of September 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on October 15, 2025 to shareholders of record as at September 30, 2025. Announcement • Aug 21
Sienna Senior Living Inc. announced that it has received CAD 175 million in funding On August 21, 2025, Sienna Senior Living Inc. closed the transaction. Announcement • Aug 19
Sienna Senior Living Inc. announced that it expects to receive CAD 175 million in funding Sienna Senior Living Inc. announced a private placement of series E senior unsecured debentures on best effort basis for the gross proceeds of CAD 175 million on August 18, 2025. The debentures, which will be issued at par, will bear interest at a rate of 4.112% per annum and will mature on August 21, 2030. The transaction is expected to close on or about August 21, 2025, subject to customary closing conditions. The debentures are unsubordinated in nature. Declared Dividend • Aug 18
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 29th August 2025 Payment date: 15th September 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (234% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 160% to bring the payout ratio under control, which is more than the 44% EPS growth achieved over the last 5 years. Announcement • Aug 16
Sienna Senior Living Inc. Announces August Dividend, Payable on September 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a "Common Share") for the month of August 2025, representing $0.936 per Common Share on an annualized basis.
The dividend will be payable on September 15, 2025 to shareholders of record as at August 29, 2025. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: CA$0.059 (vs CA$0.083 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.059 (down from CA$0.083 in 2Q 2024). Revenue: CA$243.8m (up 16% from 2Q 2024). Net income: CA$5.40m (down 11% from 2Q 2024). Profit margin: 2.2% (down from 2.9% in 2Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Healthcare industry in Canada. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 17
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 31st July 2025 Payment date: 15th August 2025 Dividend yield will be 5.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (216% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 140% to bring the payout ratio under control, which is more than the 40% EPS growth achieved over the last 5 years. Announcement • Jul 15
Sienna Senior Living Inc. Announces July 2025 Dividend, Payable on August 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of July 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on August 15, 2025 to shareholders of record as at July 31, 2025. Announcement • Jul 04
Sienna Senior Living Inc. to Report Q2, 2025 Results on Aug 12, 2025 Sienna Senior Living Inc. announced that they will report Q2, 2025 results After-Market on Aug 12, 2025 Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Director Barbara Bellissimo was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 19
Sienna Senior Living Inc. (TSX:SIA) completed the acquisition of Hazeldean Gardens Retirement Residence in Ottawa from a family owner. Sienna Senior Living Inc. (TSX:SIA) entered into a purchase agreement to acquire Hazeldean Gardens Retirement Residence in Ottawa from a family owner for $90.3 million on May 2, 2025. The gross purchase price for the acquisition is $85.25 million, including a performance-based payment of $3.75 million, and is subject to an additional performance-based contingent payment of $1.25 million. The full purchase price will be financed with cash on hand.
The transaction is subject to regulatory approvals and customary closing conditions, and is expected to close within 60 – 75 days.
Sienna Senior Living Inc. (TSX:SIA) completed the acquisition of Hazeldean Gardens Retirement Residence in Ottawa from a family owner on June 18, 2025. Declared Dividend • Jun 18
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 5.0%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (216% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 140% to bring the payout ratio under control, which is more than the 40% EPS growth achieved over the last 5 years. Announcement • Jun 13
Sienna Senior Living Inc. Announces June Dividend, Payable on July 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of June 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on July 15, 2025 to shareholders of record as at June 30, 2025. Declared Dividend • May 19
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 30th May 2025 Payment date: 13th June 2025 Dividend yield will be 5.2%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (216% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 140% to bring the payout ratio under control, which is more than the 40% EPS growth achieved over the last 5 years. Announcement • May 15
Sienna Senior Living Inc. Announces Dividend for the May 2025, Payable on June 13, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of May 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on June 13, 2025 to shareholders of record as at May 30, 2025. Reported Earnings • May 08
First quarter 2025 earnings released: EPS: CA$0.18 (vs CA$0.27 in 1Q 2024) First quarter 2025 results: EPS: CA$0.18 (down from CA$0.27 in 1Q 2024). Revenue: CA$234.2m (up 1.4% from 1Q 2024). Net income: CA$15.8m (down 20% from 1Q 2024). Profit margin: 6.7% (down from 8.5% in 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Healthcare industry in Canada. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 17
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 30th April 2025 Payment date: 15th May 2025 Dividend yield will be 5.7%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (186% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 107% to bring the payout ratio under control, which is more than the 30% EPS growth achieved over the last 5 years. Announcement • Apr 16
Sienna Senior Living Inc. (TSX:SIA) completed the acquisition of Wildpine Residence in Stittsville, Ottawa. Sienna Senior Living Inc. (TSX:SIA) agreed to acquire Wildpine Residence in Stittsville, Ottawa for CAD 48 million on February 10, 2025. Purchase price is subject to certain customary adjustments, and will be financed through the assumption of approximately CAD 25.0 million of CMHC insured debt and the remainder through use of general corporate funds. The acquisition will be completed at a significant discount to replacement cost and is expected to be immediately accretive to Sienna's AFFO per share. The transaction is subject to regulatory approvals and customary closing conditions, and is expected to close by mid 2025.
Sienna Senior Living Inc. (TSX:SIA) completed the acquisition of Wildpine Residence in Stittsville, Ottawa on April 16, 2025. The acquisition was financed through the assumption of approximately CAD 25.2 million of CHMC-insured debt with an interest rate of 3.69% and a remaining term of approximately 7.4 years. The balance was financed with cash on hand. Announcement • Apr 15
Sienna Senior Living Inc. Announces April Dividend, Payable on May 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a Common Share) for the month of April 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on May 15, 2025 to shareholders of record as at April 30, 2025. Announcement • Apr 03
Sienna Senior Living Inc. (TSX:SIA) completed the acquisition of Portfolio of four continuing care homes in Alberta. Sienna Senior Living Inc. (TSX:SIA) entered into an agreement to acquire Portfolio of four continuing care homes in Alberta for approximately CAD 190 million on October 16, 2024. The gross purchase price for the Portfolio is CAD 181.6 million, subject to certain adjustments, including an additional contingent payment of up to CAD 4 million, if certain performance targets are achieved prior to March 2026. The Acquisition is financed through the assumption of approximately CAD 150.6 million of CMHC debt with a weighted average interest rate of approximately 4.6% and a remaining average term of approximately 4.7 years. The balance is financed with Sienna’s cash on hand. The Portfolio’s net operating income is expected to be stabilized within the first year of operations and is accretive to AFFO and OFFO. Sienna expects the acquisition to generate an approximate 6.5% investment yield in the first twelve months of operations following the closing of the transaction, with opportunity for additional growth, including further synergies from potential expansion in Western Canada. The acquisition is subject to customary closing conditions, including the receipt of all necessary regulatory approvals, and the approvals from the relevant health authorities in Alberta. The transaction is expected to close in early 2025. Torys LLP is acting as legal advisor and TD Securities Inc. is acting as financial advisor to Sienna in connection with the Acquisition. Newmark Canada is acting as financial advisor to the vendor.
Sienna Senior Living Inc. (TSX:SIA) completed the acquisition of Portfolio of four continuing care homes in Alberta on April 2, 2025. Announcement • Apr 02
Sienna Senior Living Inc. to Report Q1, 2025 Results on May 06, 2025 Sienna Senior Living Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025 Declared Dividend • Mar 19
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 5.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (186% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 107% to bring the payout ratio under control, which is more than the 30% EPS growth achieved over the last 5 years. Announcement • Mar 14
Sienna Senior Living Inc. Announces Dividend for the Month of March 2025, Payable on April 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of March 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on April 15, 2025 to shareholders of record as at March 31, 2025. Announcement • Mar 11
Sienna Senior Living Inc., Annual General Meeting, May 28, 2025 Sienna Senior Living Inc., Annual General Meeting, May 28, 2025. Location: ontario, toronto Canada New Risk • Mar 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Announcement • Feb 27
Sienna Senior Living Inc. has completed a Follow-on Equity Offering in the amount of CAD 125.136 million. Sienna Senior Living Inc. has completed a Follow-on Equity Offering in the amount of CAD 125.136 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 7,920,000
Price\Range: CAD 15.8
Discount Per Security: CAD 0.63 Announcement • Feb 21
Sienna Senior Living Inc. has filed a Follow-on Equity Offering in the amount of CAD 125.136 million. Sienna Senior Living Inc. has filed a Follow-on Equity Offering in the amount of CAD 125.136 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 7,920,000
Price\Range: CAD 15.8 Reported Earnings • Feb 20
Full year 2024 earnings released: EPS: CA$0.50 (vs CA$0.096 in FY 2023) Full year 2024 results: EPS: CA$0.50 (up from CA$0.096 in FY 2023). Revenue: CA$893.2m (up 14% from FY 2023). Net income: CA$38.4m (up 446% from FY 2023). Profit margin: 4.3% (up from 0.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.5% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Healthcare industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
Sienna Senior Living Inc. Announces February Dividend, Payable on March 14, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of February 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on March 14, 2025 to shareholders of record as at February 28, 2025. Declared Dividend • Jan 17
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 31st January 2025 Payment date: 14th February 2025 Dividend yield will be 6.2%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (223% earnings payout ratio) nor is it covered by cash flows (183% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 148% to bring the payout ratio under control, which is more than the 30% EPS growth achieved over the last 5 years. Announcement • Jan 15
Sienna Senior Living Inc. Announces Dividend for the Month of January 2025, Payable on February 14, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of January 2025, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on February 14, 2025 to shareholders of record as at January 31, 2025. Announcement • Jan 08
Sienna Senior Living Inc. to Report Q4, 2024 Results on Feb 19, 2025 Sienna Senior Living Inc. announced that they will report Q4, 2024 results After-Market on Feb 19, 2025 Declared Dividend • Dec 16
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 5.8%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (223% earnings payout ratio) nor is it covered by cash flows (183% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 148% to bring the payout ratio under control, which is more than the 30% EPS growth achieved over the last 5 years. Announcement • Dec 13
Sienna Senior Living Inc. Announces December Dividend, Payable on January 15, 2025 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of December 2024, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on January 15, 2025 to shareholders of record as at December 31, 2024. Declared Dividend • Nov 18
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 29th November 2024 Payment date: 13th December 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (223% earnings payout ratio) nor is it covered by cash flows (183% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 148% to bring the payout ratio under control, which is more than the 30% EPS growth achieved over the last 5 years. Announcement • Nov 16
Sienna Senior Living Inc. Announces November Dividend, Payable on December 13, 2024 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of November 2024, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on December 13, 2024 to shareholders of record as at November 29, 2024. Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: CA$0.062 (vs CA$0.034 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.062 (up from CA$0.034 in 3Q 2023). Revenue: CA$215.3m (up 12% from 3Q 2023). Net income: CA$4.73m (up 91% from 3Q 2023). Profit margin: 2.2% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Healthcare industry in Canada. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Oct 18
Sienna Senior Living Inc. announced that it has received CAD 150 million in funding On October 17, 2024, Sienna Senior Living Inc. closed the transaction. Declared Dividend • Oct 17
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 31st October 2024 Payment date: 15th November 2024 Dividend yield will be 5.4%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (238% earnings payout ratio) nor is it covered by cash flows (134% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 164% to bring the payout ratio under control, which is more than the 24% EPS growth achieved over the last 5 years. Announcement • Oct 17
Sienna Senior Living Inc. (TSX:SIA) entered into an agreement to acquire Portfolio of four continuing care homes in Alberta for approximately CAD 190 million. Sienna Senior Living Inc. (TSX:SIA) entered into an agreement to acquire Portfolio of four continuing care homes in Alberta for approximately CAD 190 million on October 16, 2024. The gross purchase price for the Portfolio is CAD 181.6 million, subject to certain adjustments, including an additional contingent payment of up to CAD 4 million, if certain performance targets are achieved prior to March 2026. The Acquisition is financed through the assumption of approximately CAD 150 million of CMHC debt with a weighted average interest rate of approximately 4.6% and a remaining average term of approximately 4.7 years. The balance is financed with the proceeds from Sienna’s recent equity raise. The Portfolio’s net operating income (“NOI”) is expected to be stabilized within the first year of operations and is accretive to AFFO and OFFO. Sienna expects the Acquisition to generate an approximate 6.5% investment yield in the first twelve months of operations following the closing of the transaction, with opportunity for additional growth, including further synergies from potential expansion in Western Canada. Completion of the Acquisition is subject to customary closing conditions for transactions of this nature, including the receipt of all necessary regulatory approvals, including the approvals from the relevant health authorities in Alberta. Sienna expects the completion of the Acquisition to occur in early 2025. Torys LLP is acting as legal advisor and TD Securities Inc. is acting as financial advisor to Sienna in connection with the Acquisition. Newmark Canada is acting as financial advisor to the vendor. Announcement • Oct 15
Sienna Senior Living Inc Announces A Dividend for the Month of October 2024, Payable on November 15, 2024 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of October 2024, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on November 15, 2024 to shareholders of record as at October 31, 2024. Announcement • Oct 02
Sienna Senior Living Inc. to Report Q3, 2024 Results on Nov 11, 2024 Sienna Senior Living Inc. announced that they will report Q3, 2024 results After-Market on Nov 11, 2024 Declared Dividend • Sep 16
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 5.5%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (238% earnings payout ratio) nor is it covered by cash flows (149% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 164% to bring the payout ratio under control, which is more than the 21% EPS growth achieved over the last 5 years. Announcement • Sep 13
Sienna Senior Living Inc. Announces Dividend for the Month of September 2024, Payable on October 15, 2024 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of September 2024, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on October 15, 2024 to shareholders of record as at September 30, 2024. Announcement • Sep 12
Sienna Senior Living Inc. announced that it expects to receive CAD 150 million in funding Sienna Senior Living Inc. announced a private placement of series D senior unsecured debentures on best effort basis for the gross proceeds of CAD 150 million on September 10, 2024. The debentures, which will be issued at par, will bear interest at a rate of 4.436% per annum and will mature on October 17, 2029. The transaction is expected to close on or about October 17, 2024, subject to customary closing conditions. The debentures are unsubordinated in nature. New Risk • Aug 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 238% Cash payout ratio: 134% Minor Risk Shareholders have been diluted in the past year (13% increase in shares outstanding). Declared Dividend • Aug 18
Dividend of CA$0.078 announced Shareholders will receive a dividend of CA$0.078. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 6.1%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is not covered by earnings (238% earnings payout ratio) nor is it covered by cash flows (118% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 164% to bring the payout ratio under control, which is more than the 27% EPS growth achieved over the last 5 years. Announcement • Aug 15
Sienna Senior Living Inc. Announces Dividend for the Month of August 2024, Payable on September 13, 2024 Sienna Senior Living Inc. announced a dividend of $0.078 per common share of the Company for the month of August 2024, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on September 13, 2024 to shareholders of record as at August 30, 2024. 
