Laurentian Bank of Canada declares dividend on its common shares and announces the termination of its Shareholder Dividend Reinvestment and Share Purchase Plan

At its meeting held on August 27, 2026, the Board of Directors of Laurentian Bank of Canada (TSX: LB) (the “Bank”) declared a regular quarterly dividend of 47 cents per share on the common shares, payable on October 30, 2026, to the holders of record at the close of business on October 1, 2026.

The above-mentioned dividends are designated as eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

Furthermore, the Bank announced today that it has determined to terminate its Shareholder Dividend Reinvestment and Share Purchase Plan (the “Plan”), effective September 30, 2026. Prior to that date, any Bank common shares issued pursuant to the Plan will be issued by the Bank’s Corporate Treasury without discount.


About Laurentian Bank of Canada

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration. 

Source : Banque Laurentienne du Canada

author avatar
CanadianSME
With an aim to contribute to the development of Canada’s Small and Medium Enterprises (SME’s), Cmarketing Inc is a potential marketing agency and a boutique business management company progressing rapidly in its scope. By acknowledging a firm reliance of the Canadian economy over its SMEs, the agency has resolved to launch a magazine, the pure focus of which will be the furtherance of Canadian SMEs, and to assist their progress with the scheduled token of enlightenment via the magazine’s pertinent content.
Share
Tweet
Pin it
Share
Share
Share
Share
Share
Share
Related Posts
Total
0
Share