Sienna Senior Living Declares September Dividend for Shareholders

Author: Dylan Bailey Updated: 09-15-2025 08:35 AM

Exciting Dividend Announcement from Sienna Senior Living

MARKHAM, Ontario – Sienna Senior Living Inc. (“Sienna,” or the “Company”) (TSX: SIA) has officially declared a dividend of $0.078 per common share for September. This marks an annualized total of $0.936 per share, reflecting Sienna's ongoing commitment to delivering value for its shareholders.

Details of the Dividend Payment

The dividend is set to be paid on October 15 to all shareholders recorded as of September 30. This payment highlights Sienna's dedication to rewarding its investors and maintaining a strong financial position, ensuring that shareholders benefit from the Company's growth.

Tax Advantages for Shareholders

Sienna’s dividends are recognized as eligible dividends under Canadian tax legislation, providing beneficial tax treatment for shareholders. This status is in line with subsection 89(14) of the Income Tax Act, alongside applicable provincial and territorial laws, making it an attractive option for investors looking to maximize their returns.

Enhancing Investment Opportunities with the Dividend Reinvestment Plan

A standout feature for Sienna's investors is the Dividend Reinvestment Plan (DRIP). This plan allows qualifying shareholders to reinvest their dividends into additional common shares at a 3% discount from the current market price. While participation is optional, it provides a meaningful opportunity for those looking to enhance their investments further without additional capital outlay.

About Sienna Senior Living

Sienna Senior Living Inc. (TSX: SIA) is at the forefront of providing comprehensive senior living solutions. The Company manages a spectrum of services, including independent living, assisted living, and specialized memory care, all primarily under the Aspira retirement brand. The approximately 14,500 dedicated employees at Sienna are committed to creating joyful and fulfilling experiences for seniors, underscoring the Company’s mission of cultivating happiness in everyday life.

Contact Information for Investors

For any additional inquiries or further information regarding Sienna Senior Living, investors are encouraged to reach out to David Hung, Chief Financial Officer & Executive Vice President of Investments, directly at (905) 489-0258 or through his email at david.hung@siennaliving.ca.

Frequently Asked Questions

What is the announced dividend amount for September?

The announced dividend is $0.078 per common share for September 2025.

When will shareholders receive their dividends?

The dividends are scheduled to be paid on October 15, 2025, to shareholders registered by September 30.

How does the Dividend Reinvestment Plan work?

Eligible shareholders can reinvest their dividends into additional common shares at a 3% discount from the market price.

Are Sienna's dividends tax-advantaged?

Yes, Sienna's dividends are classified as eligible dividends for Canadian tax purposes, providing favorable tax treatment.

What services does Sienna Senior Living offer?

Sienna provides a comprehensive range of senior living options including independent living, assisted living, and memory care services.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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