Savaria declares monthly dividend of 4.5 cents per share

LAVAL, Quebec - Savaria Corporation (TSX: SIS), a company specializing in accessibility solutions, announced Friday a dividend of 4.5 cents ($0.045) per common share, payable on July 9, 2025, to shareholders of record at the close of business on June 30, 2025. The company, currently trading at $66.61, offers a dividend yield of 0.82% and maintains a market capitalization of $691 million.

The dividend is part of the company’s monthly dividend policy and qualifies as an eligible dividend under the Income Tax Act, according to a press release statement.

Savaria Corporation designs, manufactures, distributes and installs accessibility equipment including stairlifts, wheelchair lifts and elevators for residential and commercial applications. The company also produces pressure management products for the medical market, medical beds for long-term care, and patient handling equipment such as ceiling lifts and slings.

The Quebec-based firm maintains a global presence with dealer networks and direct sales offices across North America, Europe, Australia and China. Savaria employs approximately 2,500 people worldwide with manufacturing facilities in Canada, the United States, Mexico, Europe and China.

The company’s European operations include facilities in the United Kingdom, The Netherlands, Switzerland, Italy, Germany, Poland and the Czech Republic.

In other recent news, Savaria Corporation has announced a monthly dividend of $0.045 per common share. The dividend is scheduled for payment on June 9, 2025, to shareholders recorded by May 30, 2025. This announcement aligns with the company’s ongoing monthly dividend policy and is classified as an eligible dividend under the Income Tax Act. Savaria’s product range includes stairlifts, wheelchair lifts, elevators, and medical equipment, all aimed at enhancing mobility and independence. The company maintains a global presence with manufacturing facilities in Canada, the United States, Mexico, Europe, and China, employing around 2,500 people. Savaria’s sales network extends through dealers and direct sales offices across North America, Europe, Australia, and China. This information is based on a press release from Savaria Corporation.

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