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 6.19%.
Key information
6.2%
Dividend yield
-0.009%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 6.5% |
| Dividend Growth | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.880 |
| Payout ratio | -460% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LT7's dividend payments have been volatile in the past 10 years.
Growing Dividend: LT7'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 (LT7) | 6.2% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Banks) | 6.2% |
| Analyst forecast (LT7) (up to 3 years) | 6.5% |
Notable Dividend: LT7's dividend (6.19%) is higher than the bottom 25% of dividend payers in the German market (1.72%).
High Dividend: LT7's dividend (6.19%) is in the top 25% of dividend payers in the German market (4.79%)
Current Payout to Shareholders
Earnings Coverage: LT7 is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: LT7's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).