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

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

Laurentian Bank of Canada Trading Up 0.1%

Shares of LB stock opened at C$40.57 on Friday. Laurentian Bank of Canada has a 1 year low of C$29.51 and a 1 year high of C$40.77. The firm’s 50 day moving average is C$40.33 and its 200-day moving average is C$40.18. The firm has a market capitalization of C$1.82 billion, a price-to-earnings ratio of 130.87, a PEG ratio of 0.76 and a beta of 1.24.

Laurentian Bank of Canada (TSE:LB) last issued its quarterly earnings results on Friday, May 29th. The company reported C$0.46 earnings per share for the quarter. Laurentian Bank of Canada had a net margin of 1.36% and a return on equity of 1.01%. The business had revenue of C$236.16 million during the quarter. On average, equities research analysts forecast that Laurentian Bank of Canada will post 3.8414986 earnings per share 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.