RE:Sienna at $14 Per Share Equals 6.7% Yield...EXE is still cheap. It is not unusual for it to trade in the $8 range with a +5% distribution. So, since we are comparing, this makes SIA dirt cheap.
joebravo wrote: Currently paying 8% Yield at last close.
Extendicare now pays 6.7% Yield after their recent run due to great results.
Sienna, should trade in a similar pattern and trade up to $14 per share in order to Yield 6.7% .
I believe that is where the share price is heading towards in the next week or so.
This upcoming week we receive our monthly dividend payment, as well Sienna should confirm the May Dividend payment payable to shareholders of recorf the end of this month. This should give us another boost on the way to $14 or thereabouts.