TSX:SIAHealthcare
Sienna Senior Living (TSX:SIA) Stock Drifts As AFFO Strengthens Dividend Cushion
Sienna Senior Living stock closed at CA$22.74 on Wednesday, with the past week and past quarter both showing modest declines. Yet the Q2 2026 earnings story is less about the share price drift and more about cash generation. Adjusted funds from operations, or AFFO, climbed to CA$34.9 million with the payout ratio easing to 72.3%.
For a senior housing operator that needs steady cash to fund care, redevelopment and a 4.12% yield, that improvement in coverage is the headline. The market focused...