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LAURENTIAN BANK OF CANADA DECLARES DIVIDEND ON ITS PREFERRED SHARES

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Executive Summary
- Laurentian Bank of Canada has declared a dividend on its Series 13 preferred shares.
- The dividend is payable in June 2026 to shareholders of record as of early June 2026.
Key Details
- Dividend Amount: $0.38725 per preferred share.
- Share Class: Preferred shares, Series 13.
- Payment Date: June 15, 2026.
- Record Date: Close of business on June 8, 2026.
- Tax Status: Dividends are designated as eligible dividends under the Income Tax Act (Canada) and similar provincial/territorial legislation.
- Dividend Reinvestment Plan (DRIP):
- Holders may elect to reinvest dividends into newly issued common shares of the Bank via the Shareholder Dividend Reinvestment and Share Purchase Plan.
- Reinvestments occur at the applicable investment price with no discount, brokerage commissions, or service charges.
- Holders are also entitled to make monthly optional cash payments to purchase additional common shares under the terms of the Plan.
- Termination of Reinvestment: Registered holders wishing to terminate participation in the Plan for dividends payable on or after June 15, 2026, must provide written notice to Computershare Trust of Canada by June 8, 2026.
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Jun 26, 2026 · 14:00