Business
LAURENTIAN BANK OF CANADA DECLARES DIVIDEND ON ITS PREFERRED SHARES
The Board of Directors of the Laurentian Bank of Canada (TSX: LB) (the "Bank") declared yesterday a dividend of $0.38725 on the preferred shares Series 13, payable on March 15, 2026 (the "Payment Date"), that will be paid out on March 16, 2026, the first business day after the Payment Date, to shareholders of record at the close of business on March 9, 2026.
About this update from Laurentian Bank Of Canada
[{"type":"text","content":"MONTREAL, Feb. 3, 2026 /CNW/ - The Board of Directors of the Laurentian Bank of Canada (TSX: LB) (the "Bank") declared yesterday a dividend of $0.38725 on the preferred shares Series 13, payable on March 15, 2026 (the "Payment Date"), that will be paid out on March 16, 2026, the first business day after the Payment Date, to shareholders of record at the close of business on March 9, 2026.","length":416,"tagName":"p"},{"type":"image","alt":"Laurentian Bank of Canada Logo (CNW Group/Laurentian Bank of Canada)","displaySize":"","headline":null,"caption":"Laurentian Bank of Canada Logo (CNW Group/Laurentian Bank of Canada)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":154,"url":"https://media.zenfs.com/en/cnwgroup.com/176c3e04f6bacf0cc00492b929ecf61a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/A5YXmgeBO9PQWmRsxwPYHw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/176c3e04f6bacf0cc00492b929ecf61a","width":400,"height":154}},"href":"https://mma.prnewswire.com/media/2876071/Laurentian_Bank_of_Canada_LAURENTIAN_BANK_OF_CANADA_DECLARES%C2%A0DIV.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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.","length":180,"tagName":"p"},{"type":"text","content":"The preferred shares are eligible shares under the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan (the "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, at no discount, and no brokerage commissions or service charges of any kind will apply.","length":440,"tagName":"p"},{"type":"text","content":"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.","length":166,"tagName":"p"},{"type":"text","content":"For more information, please contact Computershare Trust Company of Canada by phone at 1‑800‑564‑6253, by e-mail at [email protected], or by mail at 650 De Maisonneuve W...