Laurentian Bank of Canada (LB) to Issue Quarterly Dividend of $0.47 on May 1st

Laurentian Bank of Canada (TSE:LB) declared a quarterly dividend on Wednesday, April 1st, TickerTech Dividends reports. Investors 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 yield of 4.7%. The ex-dividend date of this dividend is Wednesday, April 1st.

Laurentian Bank of Canada Stock Up 0.2%

TSE LB opened at C$40.09 on Friday. The stock has a market capitalization of C$1.79 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 0.76 and a beta of 1.35. The company has a 50 day moving average price of C$40.14 and a two-hundred day moving average price of C$37.28. Laurentian Bank of Canada has a 12-month low of C$24.37 and a 12-month high of C$40.49.

Laurentian Bank of Canada (TSE:LB) last announced 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 for the quarter. Laurentian Bank of Canada had a net margin of 3.72% and a return on equity of 2.86%. As a group, equities analysts anticipate that Laurentian Bank of Canada will post 3.8414986 EPS 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.