Laurentian Bank of Canada Dividend
Dividend criteria checks 3/6
Laurentian Bank of Canada is a dividend paying company with a current yield of 7.1% that is well covered by earnings.
Key information
7.1%
Dividend yield
53%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$3.54 |
| Dividend yield forecast in 3Y | 7.5% |
Recent dividend updates
Recent updates
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47
Mar 07
Laurentian 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 06What Type Of Returns Would Laurentian Bank of Canada's(TSE:LB) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 17It Might Not Be A Great Idea To Buy Laurentian Bank of Canada (TSE:LB) For Its Next Dividend
Dec 26Stability 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) | 7.1% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Banks) | 4.8% |
| Analyst forecast in 3 Years (LB) | 7.5% |
Notable Dividend: LB's dividend (7.1%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: LB's dividend (7.1%) is in the top 25% of dividend payers in the Canadian market (6.41%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.6%), LB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.