Laurentian Bank of Canada Dividends and Buybacks
Dividend criteria checks 3/6
Laurentian Bank of Canada is a dividend paying company with a current yield of 6.52%. Next payment date is on 1st February, 2025 with an ex-dividend date of 3rd January, 2025.
Key information
6.5%
Dividend yield
-0.009%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 3.4% |
| Next dividend pay date | 01 Feb 25 |
| Ex dividend date | 03 Jan 25 |
| Dividend per share | CA$1.880 |
| Payout ratio | -460% |
Recent dividend and buyback updates
Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47
Dec 14
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47
Sep 03Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47
Jun 20Recent updates
Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47
Dec 14Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47
Sep 03Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47
Jun 20Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47
Mar 07Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.47
Jun 06Here's Why Laurentian Bank of Canada (TSE:LB) Has Caught The Eye Of Investors
Jun 02Laurentian Bank of Canada (TSE:LB) Is Paying Out A Larger Dividend Than Last Year
Dec 13Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.45
Jun 08Laurentian Bank of Canada's (TSE:LB) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 16Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.40
Sep 20Laurentian Bank of Canada (TSE:LB) Has Re-Affirmed Its Dividend Of CA$0.40
Sep 06Laurentian Bank of Canada (TSE:LB) Has Affirmed Its Dividend Of CA$0.40
Jun 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LB's dividend payments have been volatile in the past 10 years.
Growing Dividend: LB's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Laurentian Bank of Canada Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LB) | 6.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Banks) | 4.3% |
| Analyst forecast (LB) (up to 3 years) | 6.9% |
Notable Dividend: LB's dividend (6.52%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: LB's dividend (6.52%) is in the top 25% of dividend payers in the Canadian market (6.45%)
Current Payout to Shareholders
Earnings Coverage: LB is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: LB's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Laurentian Bank of Canada is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Aiken | Barclays |
| Sohrab Movahedi | BMO Capital Markets Equity Research |
| Scott Chan | Canaccord Genuity |