Sienna Senior Living Inc T.SIA

Got Paid "TODAY" JULY 14th :>))

[TimeBuilder]

THANK YOU
( 2 accounts )

[joebravo]

One thing for sure, Sienna is dependable. Now it's time to play catch up with the share price to Extendicare and Chartwell. $14 is on the horizon.

[joebravo]

They just paid out $0.078 in dividends and the share price actually is up at the moment $0.20. Maybe the market is finally realizing how undervalued Sienna is.

[BlueJay2020]

The timing of the payout should have no impact on the share price - the key date is the ex-div date. All other things being equal, the SP should drop by the amount of the dividend on that date.

[joebravo]

You're correct BlueJay2020, that is usuallyl what should happen, but it doesn't always as you can see by looking at the past trading. I think the market is starting to turn and Senior Health Care facilities and Retirement Homes will benefit.  No more Covid to worry about, and expenses getting under control, Sienna and others should move higher closer to pre-Pandemic levels in the

[BlueJay2020]

I certainly agree things are starting to turn for the better - Friday's move was very significant. Time to top up selected REITs and similar holdings at these low prices. I believe this stock can return to $16 over the next 3 years, which woukd represent more than a 20 percent annual return.

[poolll]

Must keep a small reserve in these comments. We have a compagnie that struggles to have a positive affo and the rate that are still rising, which annonces somes buyback share but concretely dilutes (by issuing new shares for 5 years 2018=63,729,000 to 2023 = 72,939,000). An administration that has nothing exceptional in my opinion. Dmography is a tail wind and the stock is depressed,( or just

[BlueJay2020]

You're going to have to do better than this - you think it's a problem right now that they issued shares at $16-17 and could buy them back for $12 due to a combination of the residual effects of COVID on investor sentiment and higher interest rates? No material risk of a value trap here - divi is safe and getting safer and at over 8% I am happy to be paid to wait.

[dogatcat]

The range I see is $17-$19 once the interest rates stop.  This moves and moves up quickly.  

[BlueJay2020]

I think interest rates are going to have to drop to get anywhere near that level, not just stop.  If you can earn 5% risk free then take the risk of buying Sienna at 18.72 for the same amount?  Yes, there's the potential for growth that will allow the divi to increase, and increase overall returns through multiple expansions, but still. There are demographic tailwinds for sure, but