Sienna Senior Living Inc LWSCF

Primary Symbol: T.SIA

Healthcare

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.

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Sienna Senior Living Inc > fun few days ahead

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Comment by joebravoon Aug 09, 2023 10:56am

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Post# 35579505

RE:fun few days ahead

I agree. Should see some volatility today and tomorrow prior to 2Q Results being released after market close Thursday.

As long as payout remains below AFFO, and costs remain in check or impove, dividend is sustainable.

The only thing that I can think of that could effect the numbers slightly is closer of some beds due to age of units, but it should hopefully be offset by relocation of clients and may even cause occupancy rate to increase.

Will see after market close tomorrow.

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