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Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB

Alternate Symbol(s):  LRCDF | LAUCF | T.LB.PR.H

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > Ex dividend date : July 2 but buy on June 28 at the latest
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Post by insidersnoop1 on Jun 18, 2024 4:14pm

Ex dividend date : July 2 but buy on June 28 at the latest

LB has announced that it will pay a dividend of $0.47 per share on the 1st of August. Dividend of 47 cents is 7.12% with share price at today's closing price of 26.40$.
Monday July 1 is Canada Day and TSX will be closed so to get dividend you have to buy on or before Friday June 28 with ex dividend date being July 2.
Comment by perplexed01 on Jun 28, 2024 12:15pm
  just sold part of my shares today picked up in the $24-25's.  am betting that post record date can buy back for a profit far more than the divy.  glta
Comment by emiltech on Jun 28, 2024 7:04pm
You could also be forced to buying it back between 28 $-30 $/share by August 1, 2024 . LB is a great buy right now. I can see it going to 32 $ - 36 $ on their own within one year. CWB is doing the script for it. A full takeover would be possible in the 50 $. A new paradigm is taking place.
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