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

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

Laurentian Bank of Canada Stock Up 0.1%

Shares of TSE:LB opened at C$40.57 on Friday. Laurentian Bank of Canada has a 52-week low of C$29.51 and a 52-week high of C$40.77. The stock has a market cap 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. The business 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 EPS for the quarter. Laurentian Bank of Canada had a return on equity of 1.01% and a net margin of 1.36%.The firm had revenue of C$236.16 million for the quarter. As a group, equities analysts anticipate that Laurentian Bank of Canada will post 3.8414986 EPS for the current fiscal 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.