Sienna Senior Living Takes Good Care

Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.

This week's slot in the Safari portfolio is reserved for the Healthcare sector.

That sector includes ten industries all related to testing, diagnosing and curing what ails us. The healthcare industries are: biotechnology; diagnostics & research; drug manufacturers - major; drug manufacturers - specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices, medial distribution; medical supplies.

Today I'm reviewing a long-term care facilities provider named Sienna Senior Living Inc. Its trading ticker symbol is LWSCF.

Sienna Senior Living Inc. through subsidiaries, provides senior housing and long-term care (LTC) services in Canada. It operates through LTC business, Retirement, and Baltic segments.

The company owns and operates 35 LTC homes across Ontario with 5,733 beds; and 13 retirement residences representing 1,429 suites in the provinces of Ontario and British Columbia.

Sienna Senior Living Inc. was founded in 1972 and is headquartered in Markham, Ontario, Canada.

I use three primary keys to measure dividend equities or funds like Sienna Senior Living Inc. (LWSCF): 

(1) Price

(2) Dividends

(3) Returns

LWSCF Price

Sienna Senior Living's price at yesterday's market close was $14.54 per share. The company has positive price momentum. Just a year ago its price was $12.63. That's a gain of $1.91 per share in the past year.Can LWCSF do as well in the coming year?If it does, its price will increase from $14.54 to $16.45 per share or about 13 %.

LWSCF Dividends

Sienna Senior Living's most recent variable monthly paid dividend was $0.0593 declared in December 2017, and payable January 15th (this coming Monday). 

The company has paid sixty-nine monthly dividends since2011.

The consensus forward-looking annual dividend for 2018 is $0.72 payable monthly.

The yield from a $0.72 dividend at yesterday's $14.54 price is 4.95%

Are Gains Ahead For LWSCF?

Adding the $0.72 dividend to the $1.91 potential price gain (to repeat last year's performance) projects a possible $2.63 gross gain. 

But there are costs for the shares bought. A $1,000.00 budget for shares at yesterday's $14.54 closing price would let us purchase 69 shares.

Those 69 shares will be hit with a broker fee of $5 at purchase and another $5 at sale (for a total of $10 to get the gains). Each share then has a brokerage cost of about $0.145

Subtracting that $0.145 brokerage cost from the estimated $2.63 gross gain shows a net gain to 2019 of $2.485 X 69 shares = $171.47 or about a 17% net gain on our $1,003.26 investment.

Therefore, Sienna Senior Living Inc. (whose ticker symbol is LWSCF), shows a possible 17% gain by my simple year over year calculation with a 4.95% dividend baked in. There is no broker coverage on this stock but stock price since 2011 has shown a fairly steady up-trend.

These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen.They could turn out to move lower. More study is required for you to determine if Sienna Senior Living Inc. (LWSCF) is worth your time and money.

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.