MONTREAL, Feb. 27, 2019 (GLOBE NEWSWIRE) -- At its meeting held on February 26, 2019, the Board of Directors of
the Laurentian Bank of Canada (TSX: LB) (the “Bank”) declared a regular quarterly dividend of 65 cents per share on the common
shares payable on May 1, 2019 to the holders of record at the close of business on April 1, 2019.
The above-mentioned dividend on the common shares is designated as an eligible dividend for the purposes of the
Income Tax Act (Canada) and any similar provincial and territorial legislation.
The above-mentioned common shares are Eligible Shares under the Bank’s Shareholder Dividend Reinvestment and
Share Purchase Plan (the “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 under the Plan, 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.
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.
About Laurentian Bank Financial Group
Founded in 1846, Laurentian Bank Financial Group is a diversified financial services provider whose mission is
to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred as
Laurentian Bank Financial Group (the “Group” or the "Bank").
With more than 3,500 employees guided by the values of proximity, simplicity and honesty, we provide a broad
range of advice-based solutions and services to our retail, commercial and institutional customers. With pan-Canadian activities
and a presence in the U.S., we are an important player in numerous market segments.
The Group has $45 billion in balance sheet assets and $29 billion in assets under administration.
Information:
