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Sienna Senior Living Inc. (TSX: SIA, OTC: LWSCF)

A higher dividend yield and greater resilience in the face of debt refinancing

Sienna Senior Living is one of Canada’s largest owners of seniors housing and the largest licensed long-term care provider in Ontario. The company owns a portfolio of 93 senior housing properties, operating an additional 12 for external owners. That real estate focused business and strong dividend yield makes it functionally equivalent to a REIT.


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SIA was first recommended here on April 17, 2014