Laurentian Bank of Canada (TSE:LB – Get Free Report) announced a quarterly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Friday, November 1st will be given a dividend of 0.47 per share on Friday, November 1st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.86%. The ex-dividend date is Tuesday, October 1st.
Laurentian Bank of Canada Stock Performance
TSE:LB opened at C$27.40 on Friday. Laurentian Bank of Canada has a 1 year low of C$24.45 and a 1 year high of C$29.86. The stock has a fifty day moving average price of C$26.44 and a two-hundred day moving average price of C$26.56. The stock has a market capitalization of C$1.20 billion, a price-to-earnings ratio of -44.19, a PEG ratio of 0.76 and a beta of 1.24.
Laurentian Bank of Canada (TSE:LB – Get Free Report) last announced its quarterly earnings results on Friday, August 30th. The company reported C$0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.85 by C$0.03. Laurentian Bank of Canada had a negative net margin of 1.64% and a negative return on equity of 0.55%. The business had revenue of C$256.50 million during the quarter, compared to the consensus estimate of C$257.90 million. On average, analysts predict that Laurentian Bank of Canada will post 3.837535 EPS for the current year.
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Laurentian Bank of Canada Company Profile
Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.
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