Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Laurentian Bank ( (TSE:LB) ) just unveiled an announcement.
Laurentian Bank of Canada has declared a dividend of $0.38725 per share on its Series 13 preferred shares, payable on March 16, 2026, to shareholders of record as of March 9, 2026, and designated the payout as an eligible dividend for Canadian tax purposes. The preferred shares are included in the bank’s Shareholder Dividend Reinvestment and Share Purchase Plan, enabling investors to reinvest dividends into newly issued common shares without fees or discounts and to make additional optional cash purchases, while also setting a March 9, 2026 deadline for registered and beneficial holders to terminate participation if they no longer wish dividends to be reinvested, underscoring Laurentian’s continued emphasis on shareholder-friendly capital management options.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Spark’s Take on TSE:LB Stock
According to Spark, TipRanks’ AI Analyst, TSE:LB is a Neutral.
The score is primarily held back by mixed financial performance—declining revenue, weak free cash flow growth, and high leverage—despite improving profitability and ROE. Technicals are supportive due to a strong uptrend and positive MACD, but overbought signals add caution. Valuation is a modest positive, helped by a mid-range P/E and a solid dividend yield.
To see Spark’s full report on TSE:LB stock, click here.
More about Laurentian Bank
Founded in Montreal in 1846, Laurentian Bank of Canada is a financial institution serving customers across Canada, primarily in Québec and Ontario, with additional operations in the United States. The bank focuses on building deep relationships with specialized client groups and competes selectively in markets where it believes it has a competitive edge, leveraging partnerships and collaboration to support its banking services.
Average Trading Volume: 352,964
Technical Sentiment Signal: Buy
Current Market Cap: C$1.79B
Find detailed analytics on LB stock on TipRanks’ Stock Analysis page.