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 6.42%.
Key information
6.4%
Dividend yield
-0.0005%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 6.7% |
| Dividend Growth | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.397 |
| Payout ratio | -301% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LRCD.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: LRCD.F'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 (LRCD.F) | 6.4% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (LRCD.F) (up to 3 years) | 6.7% |
Notable Dividend: LRCD.F's dividend (6.42%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: LRCD.F's dividend (6.42%) is in the top 25% of dividend payers in the US market (4.2%)
Current Payout to Shareholders
Earnings Coverage: LRCD.F is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: LRCD.F's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).