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

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Laurentian Bank of Canada > Dividend

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Post by Dede2012 on Dec 03, 2021 9:09am

Dividend

Laurentian Bank Should increase their dividend like other banks ???

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Comment by carlocarli on Dec 10, 2021 9:54am

They did increase the quarterly dividend, by 10%. At the current level of earnings, the dividend distribution rate is well under 45%, which is fully sustainable.

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Laurentian Bank of Canada