18:23:53 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Laurentian Bank of Canada
Symbol LB
Shares Issued 28,745,005
Close 2014-08-27 C$ 51.59
Market Cap C$ 1,482,954,808
Recent Sedar Documents

Laurentian Bank to pay 52-cent quarterly dividend

2014-08-28 08:43 ET - News Release

Ms. Gladys Caron reports

LAURENTIAN BANK OF CANADA - DIVIDEND NOTICE

At its meeting held on Aug. 28, 2014, the board of directors of Laurentian Bank of Canada declared a regular quarterly dividend of 52 cents per share on the common shares payable on Nov. 1, 2014, to the holders on record at the close of business on Oct. 1, 2014.

The above-mentioned dividend on the common shares is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

The above-mentioned common shares are eligible shares under the bank's shareholder dividend reinvestment and share purchase plan. Consequently, the holders of such shares may elect to reinvest their dividends in newly issued common shares of the bank. Such purchases will be made at the applicable investment price, less a discount of 2 per cent, and no brokerage commissions or service charges of any kind will apply.

In addition, holders of such shares are entitled to make monthly optional cash payments to purchase additional common shares in accordance with the terms of the plan. No discount will apply to such purchases.

For more information, please contact Computershare Trust Company of Canada at 1-800-564-6253. Beneficial or non-registered owners of common and preferred shares must contact their financial institution or broker for instructions on how to participate in the plan.

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