Savaria Corporation Approves an Increase to its Monthly Dividend, Payable on October 8, 2021
September 16, 2021 at 07:45 am EDT
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Savaria Corporation (‘Savaria’) announces that its Board of Directors approved an increase to the Corporation’s monthly dividend, raising it to 4.17 cents ($0.0417) per common share. On an annual basis, this represents an increase of two cents ($0.02), raising the dividend to 50 cents ($0.50) per share representing a 4.17% increase. This increase will apply to the dividends payable monthly starting on October 8, 2021 to shareholders of record of the Corporation at the close of business on September 30, 2021. This is an eligible dividend within the meaning of the Income Tax Act (Canada).
Savaria Corporation is a Canada-based company engaged in the accessibility industry. The Company provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its segments include Accessibility and Patient Care. It designs, manufactures, distributes and installs accessibility equipment, such as stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and elevators for home and commercial use. It also manufactures and markets a comprehensive selection of pressure management products for the medical market, medical beds for the long-term care market, as well as an extensive line of medical equipment and solutions for the safe handling of patients, including ceiling lifts and slings. It operates a sales network of dealers worldwide and direct sales offices in North America, Europe (United Kingdom, The Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic), Australia and China.
SAVARIA CORPORATION 
