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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 company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; real estate, and equipment and inventory financing; and credit life and disability insurance products. It also provides investment securities services; research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative, foreign exchange, and trustee services. The company sells its products through the bank's financial clinics, advisors, broker channels, and digital platforms. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.

Laurentian Bank of Canada Dividend Announcement

Laurentian Bank of Canada announced a quarterly dividend of C$0.47 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-01
Laurentian Bank of Canada annual dividend for 2024 was C$1.88
Laurentian Bank of Canada annual dividend for 2023 was C$1.40
Laurentian Bank of Canada's trailing twelve-month (TTM) dividend yield is 7.11%
Laurentian Bank of Canada's payout ratio for the trailing twelve months (TTM) is -544.60%
Laurentian Bank of Canada's dividend growth over the last five years (2018-2023) was -11.37% year
Laurentian Bank of Canada's dividend growth over the last ten years (2013-2023) was -3.50% year

Laurentian Bank of Canada Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-01C$0.47quarterly2024-11-01
2024-07-02C$0.47quarterly2024-08-01
2024-03-28C$0.47quarterly2024-05-01
2024-01-02C$0.47quarterly2024-02-01
2023-09-28C$0.47quarterly2023-11-01
2023-06-30C$0.47quarterly2023-08-01
2023-03-31C$0.46quarterly2023-05-01
2022-12-30C$0.46quarterly2023-02-01
2022-09-29C$0.45quarterly2022-11-01
2022-06-30C$0.45quarterly2022-08-01
2022-03-31C$0.44quarterly2022-05-01
2021-12-30C$0.44quarterly2022-02-01
2021-09-29C$0.40quarterly2021-11-01
2021-06-30C$0.40quarterly2021-08-01
2021-03-31C$0.40quarterly2021-05-01
2020-12-31C$0.40quarterly2021-02-01
2020-09-30C$0.40quarterly2020-11-01
2020-06-30C$0.40quarterly2020-08-01
2020-03-31C$0.67quarterly2020-05-01
2019-12-31C$0.67quarterly2020-02-01
2019-09-30C$0.66quarterly2019-11-01
2019-06-28C$0.66quarterly2019-08-01
2019-03-29C$0.65quarterly2019-05-01
2018-12-31C$0.65quarterly2019-02-01
2018-09-28C$0.64quarterly2018-11-01
2018-06-28C$0.64quarterly2018-08-01
2018-03-29C$0.63quarterly2018-05-01
2017-12-29C$0.63quarterly2018-02-01
2017-09-29C$0.62quarterly2017-11-01
2017-06-29C$0.62quarterly2017-08-01
2017-03-30C$0.61quarterly2017-05-01
2016-12-29C$0.61quarterly2017-02-01
2016-09-29C$0.60quarterly2016-11-01
2016-06-29C$0.60quarterly2016-08-01
2016-03-30C$0.58quarterly2016-05-01
2015-12-30C$0.58quarterly2016-02-01
2015-09-29C$0.56quarterly2015-11-01
2015-06-29C$0.56quarterly2015-08-01
2015-03-30C$0.54quarterly2015-05-01
2014-12-30C$0.54quarterly2015-02-01
2014-09-29C$0.52quarterly2014-11-01
2014-06-27C$0.52quarterly2014-08-01
2014-03-28C$0.51quarterly2014-05-01
2013-12-30C$0.51quarterly2014-02-01
2013-09-27C$0.50quarterly2013-11-01
2013-06-27C$0.50quarterly2013-08-01
2013-03-27C$0.49quarterly2013-05-01

Laurentian Bank of Canada Dividend per year

Laurentian Bank of Canada Dividend growth

Laurentian Bank of Canada Dividend Yield

Laurentian Bank of Canada current trailing twelve-month (TTM) dividend yield is 7.11%. Interested in purchasing Laurentian Bank of Canada stock? Use our calculator to estimate your expected dividend yield:

Laurentian Bank of Canada Financial Ratios

P/E ratio-86.62
PEG ratio0.58
P/B ratio0.48
ROE-0.56%
Payout ratio-544.60%
Current ratio0.16
Quick ratio0.16
Cash Ratio0.15

Laurentian Bank of Canada Dividend FAQ

How much is the next Laurentian Bank of Canada dividend?
Laurentian Bank of Canada's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Laurentian Bank of Canada dividend. The next Laurentian Bank of Canada dividend will be released in March, June, or September.
When is Laurentian Bank of Canada dividend paid?
Laurentian Bank of Canada pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Laurentian Bank of Canada pay?
The specific amount of Laurentian Bank of Canada dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Laurentian Bank of Canada's dividend history.
Does Laurentian Bank of Canada stock pay dividends?
Yes, Laurentian Bank of Canada does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Laurentian Bank of Canada's dividend history.
How much dividend does Laurentian Bank of Canada pay?
Laurentian Bank of Canada paid C$1.88 in 2024, C$1.4 in 2023, C$1.8 in 2022, C$1.64 in 2021, and C$1.87 in 2020.
How often does Laurentian Bank of Canada pay dividends?
Laurentian Bank of Canada typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, and September.
What is Laurentian Bank of Canada's dividend yield?
The current dividend yield for Laurentian Bank of Canada is 7.11%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Laurentian Bank of Canada's exact dividend yield.
When does Laurentian Bank of Canada go ex dividend?
Laurentian Bank of Canada's ex-dividend date for the latest dividend was on 2024-10-01. Laurentian Bank of Canada typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Laurentian Bank of Canada dividend paid?
Laurentian Bank of Canada pays dividends on a quarterly basis, typically around March, June, or September, but the exact dates can vary each year.
Will Laurentian Bank of Canada increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Laurentian Bank of Canada will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Laurentian Bank of Canada dividend per share?
Laurentian Bank of Canada paid C$1.88 per share in 2024 and C$1.4 per share in 2023. The amount of dividend per share that Laurentian Bank of Canada pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Laurentian Bank of Canada a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Laurentian Bank of Canada a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Laurentian Bank of Canada a dividend stock?
Yes, Laurentian Bank of Canada is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Laurentian Bank of Canada a good dividend stock?
Whether Laurentian Bank of Canada is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Laurentian Bank of Canada has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Laurentian Bank of Canada as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Laurentian Bank of Canada pay dividends monthly?
Laurentian Bank of Canada typically pays dividends on a quarterly basis.
Does Laurentian Bank of Canada pay dividends quarterly?
Laurentian Bank of Canada currently pays dividends on a quarterly basis.
Has Laurentian Bank of Canada ever paid a dividend?
Yes, Laurentian Bank of Canada has a history of paying dividends to its shareholders. Laurentian Bank of Canada is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Laurentian Bank of Canada dividend stocks?
To buy Laurentian Bank of Canada you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Laurentian Bank of Canada stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Laurentian Bank of Canada pay dividends 2024?
Laurentian Bank of Canada pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Laurentian Bank of Canada increase its dividend in 2024?
Decisions regarding Laurentian Bank of Canada dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Laurentian Bank of Canada dividend overview you can look into the above table of dividend history.
How Laurentian Bank of Canada dividend works?
The Laurentian Bank of Canada dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Laurentian Bank of Canada's dividend process works:

1. Determination of Dividend: Laurentian Bank of Canada's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Laurentian Bank of Canada publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Laurentian Bank of Canada distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Laurentian Bank of Canada are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Laurentian Bank of Canada dividends paid?
Laurentian Bank of Canada dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Laurentian Bank of Canada sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Laurentian Bank of Canada distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Laurentian Bank of Canada declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Laurentian Bank of Canada pay dividends?
Laurentian Bank of Canada typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Laurentian Bank of Canada pay dividends?
The general pattern is that Laurentian Bank of Canada pays dividends around March, June, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Laurentian Bank of Canada dividend safe?
The safety of Laurentian Bank of Canada's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Laurentian Bank of Canada's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Laurentian Bank of Canada's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.