Alison Fraser Sells 1,000 Shares of Savaria Co. (SIS) Stock

Savaria Co. (TSE:SIS) Director Alison Fraser sold 1,000 shares of the firm’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of C$17.83, for a total transaction of C$17,830.00.

Shares of Savaria Co. (TSE SIS) opened at C$17.60 on Wednesday. Savaria Co. has a 12-month low of C$10.18 and a 12-month high of C$18.23.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Thursday, November 2nd were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.68%. The ex-dividend date was Wednesday, November 1st. Savaria’s dividend payout ratio (DPR) is presently 80.56%.

Several research firms have recently issued reports on SIS. Desjardins raised their price target on shares of Savaria from C$17.50 to C$18.50 in a research note on Thursday, November 16th. National Bank Financial raised their price target on shares of Savaria from C$17.00 to C$18.50 and gave the company an “outperform” rating in a research note on Wednesday, November 15th. Finally, Laurentian dropped their price target on shares of Savaria from C$18.50 to C$17.50 in a research note on Friday, August 11th.

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About Savaria

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. The Accessibility segment designs, manufactures, distributes and installs accessibility products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts and elevators for home and commercial use.

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