09:59 AM EDT, 09/15/2025 (MT Newswires) -- Savaria Corporation ( SISXF ) , a global player in the accessibility industry, was edging up on Monday as it approved an increase to the corporation's monthly dividend, raising it to $0.0467 per common share, up from $0.045 per common share in August. On an annual basis, this represents an increase of $0.02 or 3.7%, raising the dividend to $0.56 per common share.

A statement noted this increase will apply to the dividends payable monthly starting on October 8, 2025, to shareholders of record of the corporation at the close of business on September 29, 2025.

"As a result of our financial performance in 2024 and for the first six months of 2025, I am pleased to announce the increase of our dividends. This dividend increase reflects our confidence in delivering profitability in the coming years, while maintaining ample balance sheet flexibility to pay down our debt and invest in growth opportunities as they arise," said Marcel Bourassa, Executive Chairman.

SIS was at last look up 0.5%.

Price: 20.62, Change: +0.11, Percent Change: +0.54