Savaria Corporation's Monthly Dividend Announcement
On a recent date, Savaria Corporation (TSX:SIS) made a significant announcement for its shareholders, declaring a monthly dividend of 4.67 cents per common share. This declaration emphasizes the company's adherence to its consistent dividend policy, which is crucial for shareholders looking for regular returns on their investments.
The Monthly Dividend Details
Shareholders can expect to receive this dividend on a designated payment date, rewarding those who trust in Savaria's vision and performance. The record date for this dividend is set, marking a vital point for all investors to ensure they are included in this financial benefit. Eligible dividends can be important for those seeking tax-efficient income, as specified under the tax regulations.
About Savaria Corporation
Savaria Corporation is recognized globally as a leader in the accessibility industry. The company designs and produces various accessibility solutions that enhance the mobility and independence of individuals with physical challenges. Its product lineup is expansive, including innovative stairlifts, wheelchair lifts, and elevators tailored for both residential and commercial settings.
Beyond mobility solutions, Savaria addresses the medical sector's needs with products like medical beds and pressure management systems. Its commitment to safety is evident through its range of patient handling equipment, including ceiling lifts and slings. With a strong workforce of approximately 2,500 employees, Savaria operates from multiple geographical locations, ensuring accessibility is within reach for many worldwide.
Connecting with Savaria
For investors and customers interested in learning more about Savaria Corporation, the company maintains a strong online presence. This includes channels on social media, where they engage with the community and keep customers informed about new products and updates. Using digital means, Savaria aims to broaden its reach and impact in providing essential accessibility solutions.
Contact Information
For further inquiries, potential investors or customers can contact:
Sébastien Bourassa
President and CEO
1.800.661.5112
Email: sb@savaria.com
Stephen Reitknecht, CPA, CA
Chief Financial Officer
1.800.661.5112, ext. 3370
Email: sreitknecht@savaria.com
Frequently Asked Questions
What is the amount of the declared dividend by Savaria Corporation?
The declared dividend is 4.67 cents per common share.
When will shareholders receive the dividend payment?
Shareholders will receive the dividend payment on the specified payment date.
What does Savaria Corporation specialize in?
Savaria specializes in providing accessibility solutions and products for those with physical challenges.
How can investors contact Savaria Corporation?
Investors can contact Savaria through their president, Sébastien Bourassa, at 1.800.661.5112 or via email.
Is the dividend eligible under tax regulations?
Yes, the dividend is considered an eligible dividend under the Income Tax Act.
