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

Laurentian Bank of Canada (TSE:LB) announced a quarterly dividend on Wednesday, April 1st, TickerTech Dividends reports. Stockholders of record on Friday, May 1st will be given a dividend of 0.47 per share on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, April 1st.

Laurentian Bank of Canada Price Performance

TSE LB opened at C$40.49 on Wednesday. The company has a market cap of C$1.81 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 0.76 and a beta of 1.35. The stock’s fifty day moving average price is C$40.13 and its 200 day moving average price is C$37.24. 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 issued its quarterly earnings results on Friday, February 27th. The company reported C$0.65 EPS for the quarter. The company had revenue of C$251.56 million during the quarter. Laurentian Bank of Canada had a return on equity of 2.86% and a net margin of 3.72%. Research analysts expect that Laurentian Bank of Canada will post 3.8414986 earnings per share 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.