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

Laurentian Bank of Canada (TSE:LB) declared a quarterly dividend on Wednesday, April 1st, TickerTech Dividends reports. Stockholders of record on Friday, May 1st will be paid a dividend of 0.47 per share on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, April 1st.

Laurentian Bank of Canada Stock Performance

Shares of LB opened at C$40.01 on Thursday. The firm has a fifty day moving average of C$40.14 and a 200-day moving average of C$37.26. The company has a market cap of C$1.79 billion, a price-to-earnings ratio of 26.67, a price-to-earnings-growth ratio of 0.76 and a beta of 1.35. Laurentian Bank of Canada has a 1 year low of C$24.37 and a 1 year high of C$40.49.

Laurentian Bank of Canada (TSE:LB) last released its quarterly earnings data on Friday, February 27th. The company reported C$0.65 earnings per share for the quarter. The business had revenue of C$251.56 million for the quarter. Laurentian Bank of Canada had a net margin of 3.72% and a return on equity of 2.86%. Analysts predict 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.