Laurentian Bank of Canada Dividend
Dividend criteria checks 3/6
Laurentian Bank of Canada is a dividend paying company with a current yield of 7.26% that is well covered by earnings.
Key information
7.3%
Dividend yield
53%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.54 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (LT7) | 7.3% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Banks) | 6.4% |
Analyst forecast in 3 Years (LT7) | 7.6% |
Notable Dividend: LT7's dividend (7.26%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: LT7's dividend (7.26%) is in the top 25% of dividend payers in the German market (4.79%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.6%), LT7'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.