Laurentian Bank Declares Quarterly Dividend

Laurentian Bank (TSE:LB) has released an update.

Laurentian Bank of Canada has announced a quarterly dividend of 47 cents per common share, payable on August 1, 2024, to shareholders on record as of July 2, 2024. Shareholders have the option to reinvest their dividends to purchase new shares at a 2% discount without brokerage fees through the Bank’s Dividend Reinvestment Plan. This dividend is also recognized as eligible for tax purposes under Canadian law.

For further insights into TSE:LB stock, check out TipRanks’ Stock Analysis page.