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| LB.CA Ex-Dividend Reminder - 9/28/23By Canada Stock Channel Staff, Tuesday, September 26, 10:28 AM ET
On 9/28/23, Laurentian Bank of Canada (TSE:LB.CA) will trade ex-dividend, for its quarterly dividend of $0.47, payable on 11/1/23. As a percentage of LB.CA's recent stock price of $30.74, this dividend works out to approximately 1.53%, so look for shares of Laurentian Bank of Canada to trade 1.53% lower — all else being equal — when LB.CA shares open for trading on 9/28/23. Below is a dividend history chart for LB.CA, showing historical dividends prior to the most recent $0.47 declared by Laurentian Bank of Canada: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LB.CA is likely to continue, and whether the current estimated yield of 6.12% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LB.CA shares, versus its 200 day moving average:
Looking at the chart above, LB.CA's low point in its 52 week range is $28.23 per share, with $48.23 as the 52 week high point — that compares with a last trade of $30.49. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Tuesday trading, Laurentian Bank of Canada shares are currently off about 0.1% on the day.
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