An anonymous director reports
LAURENTIAN BANK OF CANADA DECLARES DIVIDEND ON ITS COMMON SHARES
At its meeting held on Dec. 6, 2023, Laurentian Bank of Canada declared a regular quarterly dividend of 47 cents per share on the common shares, payable on Feb. 1, 2024, to the holders of record at the close of business on Jan. 3, 2024.
The above-mentioned dividend is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
The bank's 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 as defined in the plan, 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.
For more information, please contact Computershare Trust Company of Canada by phone at 1-800-564-6253, or by e-mail at service@computershare.com, or by mail at 650 De Maisonneuve West, seventh floor, Montreal, Que., H3A 3T2. 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.
Registered holders who participate in the plan who wish to terminate their participation so that cash dividends to which they are entitled to be paid on and after Feb. 1, 2024, are not reinvested in common shares under the plan must deliver written notice to Computershare Trust of Canada at the above-mentioned address by no later than Jan. 3, 2024. Beneficial or non-registered holder who participate in the plan and who wish to terminate their participation so that cash dividends to which they are entitled to be paid on and after Feb. 1, 2024, are not reinvested in common shares under the plan must contact their financial institution or broker for instructions on how to terminate participation in the plan in advance of Jan. 3, 2024.
About Laurentian Bank of Canada
Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, Laurentian has approximately 3,000 employees working together as one team to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. Laurentian protects, manages and grows $49.9-billion in balance sheet assets and $25.8-billion in assets under administration.
Laurentian drives results by placing its customers first, making the better choice, acting courageously and believing everyone belongs.
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