Laurentian Bank of Canada (LB) To Go Ex-Dividend on October 1st

Laurentian Bank of Canada (TSE:LB) announced a quarterly dividend on Thursday, October 1st. Investors of record on Friday, October 30th will be given a dividend of $0.47 per share on Friday, October 30th. This represents a $1.88 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, October 1st.

Laurentian Bank of Canada Price Performance

LB stock traded up C$0.03 on Tuesday, hitting C$40.67. 148,171 shares of the company were exchanged, compared to its average volume of 184,332. The stock has a market capitalization of C$1.82 billion, a price-to-earnings ratio of -83.00, a price-to-earnings-growth ratio of 0.76 and a beta of 1.10. Laurentian Bank of Canada has a twelve month low of C$31.69 and a twelve month high of C$40.78. The business’s fifty day moving average is C$40.43 and its two-hundred day moving average is C$40.33.

Laurentian Bank of Canada (TSE:LB) last announced its quarterly earnings results on Friday, August 28th. The company reported C$0.51 earnings per share for the quarter. The company had revenue of C$241.73 million for the quarter. Laurentian Bank of Canada had a negative net margin of 0.41% and a negative return on equity of 0.30%. Equities research analysts expect that Laurentian Bank of Canada will post 3.8414986 earnings per share for the current 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.