Laurentian Bank of Canada (TSE:LB) Shares Will Pay Quarterly Dividend of $0.47

Laurentian Bank of Canada (TSE:LB) 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 Trading Up 0.1%

Shares of Laurentian Bank of Canada stock traded up C$0.03 during trading on Tuesday, reaching C$40.67. The company’s stock had a trading volume of 148,171 shares, compared to its average volume of 184,332. The company has a 50-day moving average price of C$40.43 and a two-hundred day moving average price of C$40.33. Laurentian Bank of Canada has a fifty-two week low of C$31.69 and a fifty-two week high of C$40.78. The firm has a market cap of C$1.82 billion, a PE ratio of -83.00, a P/E/G ratio of 0.76 and a beta of 1.10.

Laurentian Bank of Canada (TSE:LB) last issued its quarterly earnings results on Friday, August 28th. The company reported C$0.51 earnings per share for the quarter. The firm had revenue of C$241.73 million during the quarter. Laurentian Bank of Canada had a negative net margin of 0.41% and a negative return on equity of 0.30%. On average, analysts predict 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.