Laurentian Bank of Canada (TSE:LB) Plans $0.47 Quarterly Dividend

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 given a dividend of 0.47 per share on Saturday, August 1st. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Tuesday, June 30th.

Laurentian Bank of Canada Trading Up 0.1%

LB stock opened at C$40.57 on Friday. The stock has a market cap of C$1.82 billion, a PE ratio of 130.87, a P/E/G ratio of 0.76 and a beta of 1.24. Laurentian Bank of Canada has a 12 month low of C$29.51 and a 12 month high of C$40.77. The company has a 50-day moving average price of C$40.33 and a 200 day moving average price of C$40.18.

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

About Laurentian Bank of Canada

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.