Sienna Senior Living pays a monthly shareholder dividend of $0.0780 per common share, representing $0.94 per share on an annualized basis.
 
All dividends paid by the company, unless otherwise indicated, are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial provisions.

 

 

Click to view our Shareholder Dividend Reinvestment Plan (DRIP).

 

Tax Treatment

Sienna does not provide advice on tax-related matters and the following information is for general guidance only. You should consult a tax advisor or the appropriate government agency for advice on your specific situation.

  • Eligible Dividends: dividend payments, unless otherwise indicated, are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial provisions. This means that you may be eligible to receive a dividend tax credit.
  • Withholding tax: Canadian residents are not subject to any withholding taxes. Non-resident shareholders are subject to withholding tax deductions which are deducted from the gross amount of the dividend.