Laurentian Bank of Canada T.LB

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

Financial Services

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 financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.

TSX:LB - Post by User

Laurentian Bank of Canada

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Post by insidersnoop1on Sep 24, 2024 1:25pm

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Post# 36238694

Don't forget dividend coming up

According to Yahoo Finance and Morningstar, dividend payout ratio is 52.68% giving nearly 7% annual return at today's share price.
47 cent quarterly dividend coming soon. You must own the shares at the close one day before ex-dividend date (namely you must buy your shares on or before sept. 30).
See latest news release :
MONTREAL, Aug. 30, 2024 /CNW/ - At its meeting held on August 29, 2024, the Board of Directors of Laurentian Bank of Canada (TSX: LB) (the "Bank") declared a regular quarterly dividend of 47 cents per share on the common shares' payable on November 1, 2024 to the holders of record at the close of business on October 1, 2024.

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The deep connection between mining and First Nations in Canada