No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 8, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Investing

Monthly Dividend Stock in Focus: Savaria Corporation

by TheAdviserMagazine
6 months ago
in Investing
Reading Time: 6 mins read
A A
Monthly Dividend Stock in Focus: Savaria Corporation
Share on FacebookShare on TwitterShare on LInkedIn


Published on April 11th, 2025 by Nathan Parsh

Companies that pay monthly dividends can help investors secure consistent cash flows, providing income more regularly than those that pay quarterly or annual payments.

That said, just 76 companies currently offer monthly dividend payments, which can severely limit an investor’s options. You can see all 76 monthly dividend-paying names here.

You can download our full Excel spreadsheet of all monthly dividend stocks (along with metrics that matter, like dividend yield and payout ratio) by clicking on the link below:

 

Monthly Dividend Stock in Focus: Savaria Corporation

One name that we have not yet reviewed is Savaria Corporation (SISXF), a Canadian-based company that operates in the accessibility industry. Shares currently yield more than 3.6%, which is more than twice the average yield of the S&P 500 Index.

This article will evaluate the company, its business model, and its dividend to determine whether Savaria Corporation is a good candidate for purchase.

Business Overview

Savaria Corporation is a specialty industrial machinery company that provides accessibility solutions for the elderly and disabled. Though the company has a market capitalization of just $789 million, Savaria Corporation has a solid global footprint.

The company operates in Canada, the U.S., the U.K., Germany, China, and Italy. Savaria Corporation has more than 1 million square feet of production space, 30 direct sales offices, and 17 product and distribution centers.

Savaria Corporation comprises several business segments, including Accessibility, Patient Care, and Adapted Vehicles.

Accessibility manufactures products such as stairlifts for straight and curved staircases and wheelchair platform lifts. This segment contributes ~70% of revenue. Patient Care, which accounts for 21% of revenue, manufactures and markets therapeutic support surfaces for medical beds and other medical equipment. Adapted Vehicles produces vehicles for use by patients with mobility difficulties. This segment is the smallest within the company, making up less than 10% of total revenue. The company was founded in 1979 and is based in Laval, Quebec, Canada.

The company reported solid financial results for the fourth quarter of 2024.

Source: Fourth Quarter Earnings Results

Revenue reached $223.3 million, an increase of 3.0% compared to Q4 2023. This growth was driven by 0.9% organic growth and a 2.1% positive foreign exchange impact. The company’s Accessibility segment had 3.4% organic growth during the quarter, while the Patient Care segment improved 4.5%. Gross profit rose by 12.5%, and operating income improved by 16.6%, reflecting higher margins and increased efficiency.

Savaria’s adjusted EBITDA for the quarter was $42.87 million, up 22.1% from the previous year, with an adjusted EBITDA margin of 19.2%. The Accessibility segment had a particularly strong performance, with an adjusted EBITDA margin of 19.8%. Patient Care maintained a healthy 19.1% margin. Additionally, Savaria reduced its net debt ratio to 1.63, signaling improved financial health and liquidity, with available funds of $242.8 million for future investments and growth.

Growth Prospects

Savaria Corporation has a number of tailwinds that should help the company continue to grow. First, the company’s main markets are seeing elderly people make up a higher percentage of the total population. In the U.S. alone, those over 65 are projected to make up more than 20% of the population by 2030. People in this age group tend to require more assistance with mobility.

Next, the vast majority of older people wish to remain in their homes. According to AARP, nearly 80% of people over 50 want to stay in their homes as they age. More than two-thirds say that their properties have accessibility issues inside and outside the home. Savaria should be able to capitalize on this trend as it buys up smaller players in the industry.

Source: Investor Presentation

Savaria Corporation estimates that the global long-term market will grow at 6% annually through 2030, a solid, if not spectacular, growth rate. By the end of this decade, the U.S. is forecasted to have more than 20 million people requiring long-term care.

Given that people live longer, want to remain in their homes, and have accessibility challenges, a company like Savaria Corporation is poised to benefit from product demand.

The company offers a variety of products, from chair lifts to vehicles to beds, that can greatly improve the quality of life for customers. This can also help people remain in their homes instead of entering an adult care center, which can be much more expensive than the products that Savaria Corporation markets. People wishing to remain in their home could very well be willing to purchase a product if it means that they can continue to live as they have.

Dividend Analysis

Savaria Corporation began paying an annual dividend before switching to a quarterly dividend in 2013. By late 2017, the company converted to its current monthly payment schedule.

Payments have fluctuated for U.S. investors due to currency exchange, but the size of the dividend has gradually increased over the years. U.S. investors received $0.37 in annual dividends in 2024 and are expected to receive $0.39 in 2025. For the most part, dividend growth has been very low over the last five years. We do not anticipate that this will change.

The dividend hasn’t increased materially in the past and is not forecasted to do so in the near future due to the high payout ratio. Last year, Savaria Corporation’s payout ratio was 79%. It should be noted that the company has raised its dividend for 12 consecutive years in local currency.

With results showing signs of growth, the dividend is likely safe. A downturn in the business could call that into question, especially considering the debt on the company’s balance sheet.

The annualized rate of $0.39 for U.S. investors results in a 3.6% yield.

Final Thoughts

Savaria Corporation is a small, monthly dividend-paying company that is well-positioned to take advantage of people who are living longer. With most people wanting to remain in their homes, tackling accessibility and mobility challenges will likely be a significant industry in the coming decade.

This positions the company in an advantageous spot. A growing business should help defend its dividends and provide the capital needed to pay down debt to a much more manageable level. Lower debt would also help to protect the dividend. Investors looking for monthly income and access to a growing population might find Savaria Corporation an attractive investment option.

Don’t miss the resources below for more monthly dividend stock investing research.

And see the resources below for more compelling investment ideas for dividend growth stocks and/or high-yield investment securities.

Thanks for reading this article. Please send any feedback, corrections, or questions to [email protected].



Source link

Tags: CorporationdividendFocusMonthlySavariastock
ShareTweetShare
Previous Post

Unveiling AI Risks In The Software Supply Chain

Next Post

Monthly Dividend Stock In Focus: Stellus Capital

Related Posts

edit post
How to Make the Most Money Possible from Your Rental Property

How to Make the Most Money Possible from Your Rental Property

by TheAdviserMagazine
October 8, 2025
0

This is how to make the most money possible from your rental properties without buying another unit. We got into...

edit post
10 Best Regional Banks For Rising Dividends

10 Best Regional Banks For Rising Dividends

by TheAdviserMagazine
October 7, 2025
0

Published on October 7th, 2025 by Bob Ciura Most investors who want to gain exposure to the financial sector focus...

edit post
New Tariffs Aimed Directly at Real Estate Investors

New Tariffs Aimed Directly at Real Estate Investors

by TheAdviserMagazine
October 7, 2025
0

Dave:October 1st was a very interesting and somewhat pivotal day for the housing market. We had all sorts of policies...

edit post
10 Consistent Dividend Stocks For Long-Term Income

10 Consistent Dividend Stocks For Long-Term Income

by TheAdviserMagazine
October 6, 2025
0

Published on October 6th, 2025 by Bob CiuraSpreadsheet data updated daily Sure Dividend practices a long-term buy-and-hold strategy built on...

edit post
Quantum Computing Risks: How Investment Firms Can Protect Data Now

Quantum Computing Risks: How Investment Firms Can Protect Data Now

by TheAdviserMagazine
October 6, 2025
0

Quantum computing may sound futuristic, but for investment firms, it is at the doorstep. The rapid pace of innovation in...

edit post
Turning a ,000 Rental Property into a ,000/Month Rental Portfolio

Turning a $25,000 Rental Property into a $5,000/Month Rental Portfolio

by TheAdviserMagazine
October 6, 2025
0

This investor turned a $25,000 rental property (yes, you read that right) into a real estate portfolio producing $5,000/month in...

Next Post
edit post
Monthly Dividend Stock In Focus: Stellus Capital

Monthly Dividend Stock In Focus: Stellus Capital

edit post
Fake MFSA Letters Demand Fines From Bitcoin and Ethereum Traders, Regulator Warns

Fake MFSA Letters Demand Fines From Bitcoin and Ethereum Traders, Regulator Warns

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Raymond James sues to retrieve dead advisor’s laptop

Raymond James sues to retrieve dead advisor’s laptop

September 11, 2025
edit post
North Carolina Car Accident Laws 2025

North Carolina Car Accident Laws 2025

0
edit post
How to Make the Most Money Possible from Your Rental Property

How to Make the Most Money Possible from Your Rental Property

0
edit post
Mortgage Rates Today, Tuesday, October 7: Kind of a Big Jump

Mortgage Rates Today, Tuesday, October 7: Kind of a Big Jump

0
edit post
Lunos Raises M to Deploy AI Agents That Handle Accounts Receivable Like a Human Colleague – AlleyWatch

Lunos Raises $5M to Deploy AI Agents That Handle Accounts Receivable Like a Human Colleague – AlleyWatch

0
edit post
AI Moves From Hype To Hard Hat Work

AI Moves From Hype To Hard Hat Work

0
edit post
Morgan Stanley 2015 race discrimination suit settled

Morgan Stanley 2015 race discrimination suit settled

0
edit post
How to Make the Most Money Possible from Your Rental Property

How to Make the Most Money Possible from Your Rental Property

October 8, 2025
edit post
KindlyMD Partners With Antalpha, Eyes 0M Convertible Debt Facility for Bitcoin Treasury

KindlyMD Partners With Antalpha, Eyes $250M Convertible Debt Facility for Bitcoin Treasury

October 8, 2025
edit post
Bullish partners with Deutsche Bank to streamline banking for digital assets (BLSH:NYSE)

Bullish partners with Deutsche Bank to streamline banking for digital assets (BLSH:NYSE)

October 8, 2025
edit post
AI Moves From Hype To Hard Hat Work

AI Moves From Hype To Hard Hat Work

October 8, 2025
edit post
The Hidden Habits That Separate Financially Confident People from the Rest

The Hidden Habits That Separate Financially Confident People from the Rest

October 8, 2025
edit post
Green Lantern buys frozen fries co Tapugan for NIS 507m

Green Lantern buys frozen fries co Tapugan for NIS 507m

October 8, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • How to Make the Most Money Possible from Your Rental Property
  • KindlyMD Partners With Antalpha, Eyes $250M Convertible Debt Facility for Bitcoin Treasury
  • Bullish partners with Deutsche Bank to streamline banking for digital assets (BLSH:NYSE)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.