Savaria declares its monthly dividend
24 July 2019 - 10:00PM
Savaria Corporation (“Savaria”) (TSX: SIS) one of the global
leaders in the accessibility industry, declared on July 24th a
dividend of 3.5 cents ($0.035) per common share, in accordance with
its monthly dividend policy, payable on August 14, 2019 to
shareholders of record of the Corporation at the close of business
on July 31, 2019. This is an eligible dividend within the
meaning of the Income Tax Act.
Savaria Corporation ProfileSavaria Corporation
(savaria.com) is one of the global leaders in the accessibility
industry. It provides accessibility solutions for the physically
challenged to increase their comfort, their mobility and their
independence. Its product line is one of the most comprehensive on
the market. Savaria designs, manufactures, distributes and installs
accessibility equipment, such as stairlifts for straight and curved
stairs, vertical and inclined wheelchair lifts, elevators for home
and commercial use, as well as ceiling lifts. It also manufactures
and markets a comprehensive selection of pressure management
products for the medical market, medical beds for the long-term
care market, mattress overlays and foam pillows for the retail
market and certain products for the industrial market. In addition,
Savaria converts and adapts vehicles to be wheelchair accessible.
Savaria records approximately 75% of its revenue outside of Canada,
primarily in the United States. It operates a sales network of some
500 dealers worldwide and 29 direct sales offices in North America,
Europe (Switzerland, Germany, Italy, Czech Republic and Poland),
Australia and China. Savaria employs approximately 1,400 people
globally and its plants are located in Canada: Laval and Magog
(Québec), Brampton, Beamsville and Toronto (Ontario) and Surrey
(British Columbia), in the United States at Greenville (South
Carolina), in Huizhou (China) and in Milan (Italy).
For further information: |
|
|
Marcel BourassaPresident and
Chief Executive Officer1.800.661.5112 |
Nicolas Rimbert, CFAVice
President, Corporate Development1.800.931.5655
x239nrimbert@savaria.com |
www.savaria.comfacebook.com/savariabettermobility twitter.com/Mobilityforlife |
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