Laurentian Bank of Canada Dividend
Dividend criteria checks 3/6
Laurentian Bank of Canada is a dividend paying company with a current yield of 7.28%. Next payment date is on 1st November, 2024 with an ex-dividend date of 1st October, 2024.
Key information
7.3%
Dividend yield
-301%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | 01 Nov 24 |
Ex dividend date | 01 Oct 24 |
Dividend per share | CA$1.880 |
Earnings per share | -CA$0.62 |
Dividend yield forecast | 7.7% |
Recent dividend updates
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 20Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47
Mar 07Recent updates
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 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 06What Type Of Returns Would Laurentian Bank of Canada's(TSE:LB) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 17Upcoming 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 |
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Segment | Dividend Yield |
---|---|
Company (LB) | 7.3% |
Market Bottom 25% (CA) | 1.7% |
Market Top 25% (CA) | 6.0% |
Industry Average (Banks) | 4.5% |
Analyst forecast (LB) (up to 3 years) | 7.7% |
Notable Dividend: LB's dividend (7.28%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: LB's dividend (7.28%) is in the top 25% of dividend payers in the Canadian market (6.04%)
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 (50.9% payout ratio).