Savaria Corporation Announces Monthly Dividend
Savaria Corporation (“Savaria”) (TSX: SIS), a leading player in the accessibility industry, has announced a dividend of 4.33 cents ($0.0433) per common share. This declaration aligns with the company’s commitment to its monthly dividend policy. Shareholders can expect this dividend payment on September 6, 2024, provided they are on record as of the close of business on August 30, 2024. Additionally, it is important to note that this dividend qualifies as an eligible dividend under the Income Tax Act.
About Savaria Corporation
Globally recognized for its innovative accessibility solutions, Savaria Corporation is dedicated to improving the quality of life for individuals facing physical challenges. The company focuses on enhancing comfort, mobility, and independence, offering one of the most extensive product ranges in the accessibility sector. Savaria is involved in the design, manufacturing, distribution, and installation of a diverse array of accessibility equipment, including stairlifts tailored for both straight and curved stairs, vertical and inclined wheelchair lifts, and elevators suitable for residential and commercial use.
Product and Service Offerings
In addition to its accessibility devices, Savaria provides a wide range of pressure management products aimed at the medical market, such as specialized medical beds for long-term care facilities. The company also offers various medical equipment designed for safe patient handling, including ceiling lifts and slings. This comprehensive portfolio distinguishes Savaria within the accessibility industry.
Global Reach and Workforce
Savaria boasts a strong sales network with dealers located in numerous countries. The company has established direct sales offices in North America and several European countries, including the UK, The Netherlands, Switzerland, Italy, Germany, Poland, and the Czech Republic. Furthermore, Savaria has expanded its presence into markets such as Australia and China. Currently, the company employs around 2,400 individuals worldwide, showcasing its significant footprint in the industry.
Management and Contact Information
If you require more information about Savaria Corporation and its operations, please refer to the following management contacts:
Leadership Team
Sébastien Bourassa is the President and CEO and can be reached at 1.800.661.5112 or via email at sb@savaria.com. Stephen Reitknecht, the Chief Financial Officer, is also available for inquiries at 1.800.661.5112, ext. 3370, or by email at sreitknecht@savaria.com.
Frequently Asked Questions
What is the dividend declared by Savaria Corporation?
Savaria Corporation has declared a monthly dividend of 4.33 cents ($0.0433) per common share.
When is the dividend payment date?
The payment date for the dividend is set for September 6, 2024.
Who are the key executives at Savaria Corporation?
The key executives include Sébastien Bourassa, who is the President and CEO, and Stephen Reitknecht, the Chief Financial Officer.
What types of products does Savaria manufacture?
Savaria manufactures a variety of accessibility equipment, such as stairlifts, wheelchair lifts, medical beds, and patient handling solutions.
How many employees does Savaria have?
The company employs approximately 2,400 people around the globe.
