Savaria Corporation provides accessibility solutions for the elderly and physically challenged people in Canada, the United States, Europe, and internationally. The company operates in three segments: Accessibility, Patient Care, and Adapted Vehicles. The Accessibility segment designs, manufactures, distributes, and installs accessibility products, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair platform lifts for commercial and residential applications, and accessibility and home elevators. The Patient Care segment manufactures and distributes therapeutic support surfaces and other pressure management products for the medical and medical beds, as well as offers medical equipment and solutions for the safe handling of patients. The Adapted Vehicles segment offers distributing vehicles for people with mobility challenges for personal or commercial use. The company sells its products through dealers and by direct stores to end-user customers. Savaria Corporation was founded in 1979 and is headquartered in Laval, Canada.
Savaria Dividend Announcement
• Savaria announced a monthly dividend of $0.03 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-11-29
• Savaria annual dividend for 2024 was $0.35
• Savaria annual dividend for 2023 was $0.39
• Savaria's trailing twelve-month (TTM) dividend yield is 2.49%
• Savaria's payout ratio for the trailing twelve months (TTM) is 80.05%
• Savaria's dividend growth over the last five years (2018-2023) was 5.75% year
Savaria Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.03 | monthly | 2024-12-09 |
2024-10-31 | $0.03 | monthly | 2024-11-12 |
2024-09-27 | $0.03 | monthly | 2024-10-09 |
2024-08-30 | $0.03 | monthly | 2024-09-06 |
2024-07-31 | $0.03 | monthly | 2024-08-09 |
2024-06-28 | $0.03 | monthly | 2024-07-05 |
2024-05-31 | $0.03 | monthly | 2024-06-07 |
2024-04-29 | $0.03 | monthly | 2024-05-10 |
2024-03-27 | $0.03 | monthly | |
2024-02-28 | $0.03 | monthly | |
2024-01-30 | $0.03 | monthly | 2024-02-09 |
2023-12-28 | $0.03 | monthly | 2024-01-12 |
2023-11-29 | $0.03 | monthly | 2023-12-08 |
2023-10-30 | $0.03 | monthly | 2023-11-10 |
2023-09-28 | $0.03 | monthly | 2023-10-06 |
2023-08-30 | $0.03 | monthly | 2023-09-08 |
2023-07-28 | $0.03 | monthly | 2023-08-11 |
2023-06-29 | $0.03 | monthly | 2023-07-07 |
2023-05-30 | $0.03 | monthly | 2023-06-09 |
2023-04-27 | $0.03 | monthly | 2023-05-12 |
2023-03-30 | $0.03 | monthly | 2023-04-10 |
2023-02-27 | $0.03 | monthly | 2023-03-10 |
2023-01-30 | $0.03 | monthly | 2023-02-10 |
2022-12-29 | $0.03 | monthly | 2023-01-13 |
2022-11-29 | $0.03 | monthly | 2022-12-09 |
2022-10-28 | $0.03 | monthly | 2022-11-10 |
2022-09-28 | $0.03 | monthly | 2022-10-07 |
2022-08-30 | $0.03 | monthly | 2022-09-09 |
2022-06-29 | $0.03 | monthly | 2022-07-08 |
2022-05-31 | $0.03 | monthly | 2022-06-10 |
2022-04-28 | $0.03 | monthly | 2022-05-13 |
2022-03-30 | $0.03 | monthly | 2022-04-08 |
2022-02-25 | $0.03 | monthly | 2022-03-11 |
2022-01-28 | $0.03 | monthly | 2022-02-11 |
2021-12-30 | $0.03 | monthly | 2022-01-14 |
2021-11-29 | $0.03 | monthly | 2021-12-10 |
2021-10-28 | $0.03 | monthly | 2021-11-12 |
2021-09-28 | $0.03 | monthly | 2021-10-08 |
2021-08-30 | $0.03 | monthly | 2021-09-09 |
2021-07-29 | $0.03 | monthly | 2021-08-12 |
2021-06-29 | $0.03 | monthly | 2021-07-08 |
2021-05-28 | $0.03 | monthly | 2021-06-10 |
2021-04-29 | $0.03 | monthly | 2021-05-13 |
2021-03-30 | $0.03 | monthly | 2021-04-08 |
2021-02-25 | $0.03 | monthly | 2021-03-11 |
2021-01-28 | $0.03 | monthly | 2021-02-11 |
2020-12-30 | $0.03 | monthly | 2021-01-14 |
2020-11-27 | $0.03 | monthly | 2020-12-10 |
2020-10-29 | $0.03 | monthly | 2020-11-12 |
2020-09-29 | $0.03 | monthly | 2020-10-08 |
2020-08-28 | $0.03 | monthly | 2020-09-10 |
2020-07-30 | $0.03 | monthly | 2020-08-13 |
2020-06-29 | $0.03 | monthly | 2020-07-09 |
2020-05-28 | $0.03 | monthly | 2020-06-11 |
2020-04-29 | $0.03 | monthly | 2020-05-14 |
2020-03-30 | $0.03 | monthly | 2020-04-09 |
2020-02-27 | $0.03 | monthly | 2020-03-12 |
2020-01-30 | $0.03 | monthly | 2020-02-13 |
2019-12-30 | $0.03 | monthly | 2020-01-16 |
2019-11-29 | $0.03 | monthly | 2019-12-12 |
2019-10-30 | $0.03 | monthly | 2019-11-14 |
2019-09-27 | $0.03 | monthly | 2019-10-10 |
2019-08-29 | $0.03 | monthly | 2019-09-12 |
2019-07-30 | $0.03 | monthly | 2019-08-14 |
2019-06-27 | $0.03 | monthly | 2019-07-12 |
2019-05-30 | $0.03 | monthly | 2019-06-14 |
2019-04-29 | $0.03 | monthly | 2019-05-14 |
2019-01-30 | $0.03 | monthly | 2019-02-14 |
2018-12-28 | $0.03 | monthly | 2019-01-11 |
2018-11-29 | $0.03 | monthly | 2018-12-14 |
2018-11-01 | $0.03 | monthly | 2018-11-14 |
2018-10-01 | $0.03 | monthly | 2018-10-16 |
2018-08-30 | $0.02 | monthly | 2018-09-17 |
2018-08-01 | $0.02 | monthly | 2018-08-16 |
2018-06-28 | $0.02 | monthly | 2018-07-16 |
2018-06-01 | $0.02 | monthly | 2018-06-18 |
2018-05-01 | $0.02 | monthly | 2018-05-16 |
2018-03-28 | $0.02 | monthly | 2018-04-16 |
2018-03-01 | $0.02 | monthly | 2018-03-16 |
2018-02-01 | $0.02 | monthly | 2018-02-16 |
2017-12-29 | $0.02 | monthly | 2018-01-16 |
2017-12-01 | $0.02 | monthly | 2017-12-18 |
2017-11-01 | $0.02 | monthly | 2017-11-16 |
2017-09-29 | $0.02 | monthly | 2017-10-16 |
2017-08-17 | $0.05 | monthly | 2017-09-05 |
2017-05-18 | $0.05 | monthly | 2017-06-06 |
2017-02-09 | $0.05 | monthly | 2017-02-27 |
2016-11-08 | $0.05 | monthly | |
2016-08-17 | $0.04 | monthly | |
2016-05-12 | $0.04 | monthly | |
2016-02-11 | $0.04 | monthly | |
2015-11-13 | $0.04 | monthly | |
2015-08-13 | $0.03 | monthly | |
2015-05-21 | $0.03 | monthly | |
2015-02-13 | $0.03 | monthly | |
2014-11-20 | $0.04 | monthly | |
2014-08-13 | $0.03 | monthly | |
2014-05-22 | $0.03 | monthly | |
2014-03-20 | $0.12 | monthly |
Savaria Dividend per year
Savaria Dividend growth
Savaria Dividend Yield
Savaria current trailing twelve-month (TTM) dividend yield is 2.49%. Interested in purchasing Savaria stock? Use our calculator to estimate your expected dividend yield:
Savaria Financial Ratios
Savaria Dividend FAQ
Other factors to consider when evaluating Savaria as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Savaria's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Savaria publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Savaria distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Savaria are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Savaria sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Savaria distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Savaria declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Savaria's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Savaria's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.