MONTREAL, May 22, 2013 /CNW Telbec/ - The Board of Directors of the
Laurentian Bank of Canada declared today the following dividends:
® a dividend of $0.328125 on the preferred shares Series 10, payable on
June 15, 2013 to shareholders of record at the close of business on
June 7, 2013.
® a dividend of $0.25 on the preferred shares Series 11, payable on
June 15, 2013 to shareholders of record at the close of business on
June 7, 2013.
For the year 2013, all dividends declared will be eligible dividends,
unless otherwise indicated. The dividends declared on May 22, 2013, are
eligible dividends for income tax legislation purposes.
The above mentioned preferred shares are Eligible Shares under the
Bank's Shareholder Dividend Reinvestment and Share Purchase Plan.
Consequently, the holders of such shares may elect to reinvest their
dividends in newly issued Common Shares of the Bank. Such purchases
will be made at the applicable Investment Price, less a discount of 2%,
and no brokerage commissions or service charges of any kind will apply.
In addition, holders of such shares are entitled to make monthly
optional cash payments to purchase additional Common Shares in
accordance with the terms of the Plan. No discount will apply to such
purchases.
For more information, please contact Computershare Trust Company of
Canada at 1-800-564-6253. Beneficial or non-registered owners of common
and preferred shares must contact their financial institution or broker
for instructions on how to participate in the Plan.
SOURCE: Laurentian Bank of Canada
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Gladys Caron
Vice-President, Public Affairs, Communications and Investor Relations
Office: (514) 284-4500, extension 7511
Cellular: (514) 893-3963
gladys.caron@banquelaurentienne.ca
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