September 29, 2016

Savaria Corporation

SIS.TO (ISIN: CA8051121090)

Savaria Corporation is a Canada-based company, which offers a range of stairlifts, platform lifts, and residential and commercial elevators. The Company operates through two segments: Accessibility and Adapted Vehicles.

Market: Toronto


Fair value: CAD 10.60
Discount: N/A
Average yearly return: 53%
Yield: 1.8%
Outperformer

September 15, 2016:
Savaria announced today that its Board of Directors approved a 30% increase to the Company's quarterly dividend, raising it from 5 cents ($0.05) per share to 6.5 cents ($0.065) per share, resulting in an annual dividend of 26 cents ($0.26) per common share.

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