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Sienna Senior Living Inc T.SIA

Alternate Symbol(s):  LWSCF

Sienna Senior Living Inc. is a Canada-based senior living provider. The Company offers a full range of senior living options, including independent living (IL), assisted living (AL) and memory care (MC) under its Aspira retirement brand, long-term care (LTC), and specialized programs and services. The Company owns and operates senior living residences in the Provinces of British Columbia, Saskatchewan and Ontario. The Company owns and operates a total of approximately 82 senior living residences: 40 retirement residences (RRs) (including the Company's 50% joint venture interest in 12 residences in Ontario and Saskatchewan); 34 LTC communities; and eight senior living residences providing both private-pay IL/AL and funded LTC (including the Company's joint ownership in two residences in British Columbia). The Company also provides management services to an additional 12 senior living residences in the Provinces of British Columbia, Ontario and Alberta.


TSX:SIA - Post by User

Comment by joebravoon Apr 23, 2023 10:20am
113 Views
Post# 35409266

RE:RE:Shorts Up 112k to 1.89 Million as of April 15/23

RE:RE:Shorts Up 112k to 1.89 Million as of April 15/23I agree.  I've learned not to say never, because anything is possible, but with regards to reduing the dividend, Sienna is not in dire need to at present.

With some assistance from government, which is needed, and hopefully better labour market scenarios, costs can be better restrained, and profits maximized.

It will be interesting to see what their AFFO is for 1Q 2023.  I believe Sienna will ride out the storm and hopefully keep the dividend where it is, but I don't see it being increased for some time to come.


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