This will be a greater burden on health care services, retirement homes, and long-term care facilities. Canadians should consider the companies below that are positioned to provide these services in the years ahead. Moreover, these stocks also provide monthly dividends.
In Q2 2021, the company delivered revenue growth of 9% to $307 million. Meanwhile, adjusted EBITDA more than doubled in the year-over-year period to $17.8 million. The stock possesses a favourable price-to-earnings ratio of 10. Better yet, it offers a monthly dividend of $0.04 per share. That represents a tasty 6.6% yield.
The company saw its net income rise $8.1 million from the prior year to $1.3 million in the second quarter of 2021. Investors will want to see improved earnings at Sienna in the quarters ahead. Despite its struggles, it still offers a monthly distribution of $0.078 per share. That represents a strong 6.6% yield.