Savaria Corporation Announces Monthly Dividend Payment
Savaria Corporation Announces Monthly Dividend Payment
LAVAL, Québec - Savaria Corporation (TSX: SIS), recognized as a trailblazer in the accessibility industry, has revealed its intention to disburse a monthly dividend of 4.5 cents ($0.045) per common share. This announcement, a staple of the company’s dividend policy, showcases its dedication to rewarding shareholders while continuing its mission to improve accessibility for those with physical challenges.
Understanding Savaria's Commitment to Accessibility
As a leader in the accessibility solutions market, Savaria Corporation's wide range of products is designed to enhance comfort, mobility, and independence for users. The company specializes in equipment that caters to both home and commercial settings, such as stairlifts for various types of stairs, wheelchair lifts, and elevators.
A Comprehensive Product Offering
Savaria's product line stands out due to its versatility and comprehensiveness. They manufacture and install stairlifts for straight and curved staircases, ensuring that everyone can access their homes safely. Beyond stairlifts, Savaria also provides hydraulic lifts and elevators, thereby improving access in public spaces. Their commitment goes further, with a range of pressure management products targeted at the medical sector, which includes features like medical beds designed for long-term care facilities.
Global Reach and Innovation
The company operates an extensive dealer network that spans across North America, Europe, Australia, and Asia. By employing around 2,500 dedicated staff members, Savaria manages to maintain a localized approach to service while leveraging its global expertise. Their commitment to innovation is evident through continued advancements and enhancements in their product lines, ensuring they meet evolving needs.
Support and Customer Care
Savaria Corporation prides itself on providing top-notch customer service, with ongoing support for all products sold. Their comprehensive network of dealers ensures that customers receive assistance when it matters most, reinforcing the company’s dedication to improving the everyday lives of individuals through enhanced mobility.
Leadership Contact Information
If you seek further insights or have inquiries, you can reach out to the executive leadership at Savaria. Sébastien Bourassa, the President and CEO, can be contacted via phone at 1-800-661-5112 or by email at sb@savaria.com. For financial inquiries, Stephen Reitknecht, the Chief Financial Officer, is reachable at 1-800-661-5112, ext. 3370, or via email at sreitknecht@savaria.com.
Frequently Asked Questions
What is the declared dividend of Savaria Corporation?
Savaria Corporation has declared a monthly dividend of 4.5 cents ($0.045) per common share.
When will the dividend be paid?
The dividend will be payable on August 11 to shareholders on record as of July 31.
What types of products does Savaria provide?
Savaria offers a range of accessibility equipment including stairlifts, wheelchair lifts, elevators, and medical pressure management products.
How can I contact Savaria for more information?
You can contact Sébastien Bourassa, the President and CEO, at 1-800-661-5112 or via email at sb@savaria.com.
What markets does Savaria operate in?
Savaria operates globally, with a presence in North America, Europe, Australia, and Asia, employing about 2,500 individuals.
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