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Laurentian Bank of Canada declares dividend on its common shares

LB · Price

Executive Summary

  • Laurentian Bank of Canada Board of Directors declared a regular quarterly dividend on common shares.
  • The dividend is designated as eligible for tax purposes under the Income Tax Act (Canada).
  • Shareholders are informed of participation terms regarding the Dividend Reinvestment and Share Purchase Plan (DRIP).

Key Details

  • Dividend Amount: 47 cents per share on common shares.
  • Payment Date: August 1, 2026 (actual payment date: August 3, 2026).
  • Record Date: July 1, 2026 (holders of record at close of business).
  • Tax Designation: Eligible dividends for the purposes of the Income Tax Act (Canada) and similar provincial/territorial legislation.
  • DRIP Terms: Common shares are eligible under the Shareholder Dividend Reinvestment and Share Purchase Plan; purchases made at applicable investment price with no discount, brokerage commissions, or service charges.
  • Optional Cash Payments: Holders entitled to make monthly optional cash payments to purchase additional common shares in accordance with Plan terms.
  • Termination Notice: Registered holders wishing to terminate participation for dividends payable on/after August 1, 2026 must deliver written notice by July 1, 2026; beneficial/non-registered holders must contact their financial institution or broker in advance of that date.
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