Savaria Increases Dividend By 3.7%

Core Points - Savaria Corporation has announced an increase in its monthly dividend to 4.67 cents per common share, representing an annual increase of 3.7% to 56 cents per share [1] - The dividend increase reflects the company's confidence in future profitability and its ability to maintain balance sheet flexibility for debt repayment and growth investments [2] Company Overview - Savaria Corporation is a global leader in the accessibility industry, providing solutions for the physically challenged to enhance comfort, mobility, and independence [3] - The company offers a comprehensive product line, including stairlifts, wheelchair lifts, elevators, pressure management products, medical beds, and equipment for safe patient handling [3] - Savaria operates a worldwide sales network and employs approximately 2,500 people, with manufacturing plants located in Canada, the United States, Mexico, Europe, and China [3]