Laurentian Bank of Canada (LB) to Issue Quarterly Dividend of $0.47 on August 1st

Laurentian Bank of Canada (TSE:LBGet Free Report) declared a quarterly dividend on Tuesday, June 30th, TickerTech Dividends reports. Stockholders of record on Saturday, August 1st will be paid a dividend of 0.47 per share on Saturday, August 1st. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Tuesday, June 30th.

Laurentian Bank of Canada Price Performance

Shares of LB opened at C$40.57 on Friday. The stock has a market capitalization of C$1.82 billion, a PE ratio of 130.87, a price-to-earnings-growth ratio of 0.76 and a beta of 1.24. The business’s fifty day moving average price is C$40.33 and its 200 day moving average price is C$40.18. Laurentian Bank of Canada has a 12-month low of C$29.51 and a 12-month high of C$40.77.

Laurentian Bank of Canada (TSE:LBGet Free Report) last posted its earnings results on Friday, May 29th. The company reported C$0.46 EPS for the quarter. The company had revenue of C$236.16 million during the quarter. Laurentian Bank of Canada had a return on equity of 1.01% and a net margin of 1.36%. As a group, research analysts anticipate that Laurentian Bank of Canada will post 3.8414986 earnings per share for the current fiscal year.

About Laurentian Bank of Canada

(Get Free Report)

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.

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Dividend History for Laurentian Bank of Canada (TSE:LB)

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