Laurentian Bank of Canada (TSE:LB – Get Free Report) declared a quarterly dividend on Thursday, October 1st. Stockholders of record on Friday, October 30th will be paid a dividend of $0.47 per share on Friday, October 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Thursday, October 1st.
Laurentian Bank of Canada Price Performance
Shares of LB stock traded up C$0.03 during trading hours on Tuesday, reaching C$40.67. 148,171 shares of the company’s stock were exchanged, compared to its average volume of 184,332. The company’s 50 day moving average is C$40.43 and its two-hundred day moving average is C$40.33. The company has a market cap of C$1.82 billion, a P/E ratio of -83.00, a price-to-earnings-growth ratio of 0.76 and a beta of 1.10. Laurentian Bank of Canada has a 1 year low of C$31.69 and a 1 year high of C$40.78.
Laurentian Bank of Canada (TSE:LB – Get Free Report) last posted its quarterly earnings results on Friday, August 28th. The company reported C$0.51 earnings per share for the quarter. Laurentian Bank of Canada had a negative return on equity of 0.30% and a negative net margin of 0.41%.The firm had revenue of C$241.73 million for the quarter. As a group, analysts predict that Laurentian Bank of Canada will post 3.8414986 EPS for the current fiscal year.
Laurentian Bank of Canada Company Profile
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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