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

by · The Markets Daily

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 annualized dividend 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, hitting C$40.67. The company had a trading volume of 148,171 shares, compared to its average volume of 184,332. The stock has a market capitalization of C$1.82 billion, a PE ratio of -83.00, a price-to-earnings-growth ratio of 0.76 and a beta of 1.10. The company’s fifty day moving average is C$40.43 and its 200 day moving average is 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.

Laurentian Bank of Canada (TSE:LB – Get Free Report) last posted its 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%. Equities analysts forecast that Laurentian Bank of Canada will post 3.8414986 earnings per share for the current year.

Laurentian Bank of Canada Company Profile

(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.

See Also