Laurentian Bank of Canada Stock Dividends
LB.TO pays dividends quarterly. Last paid amount was $0.470 at May 01, 2024. As of today, dividend yield (TTM) is 8.43%.
Dividend Yield Range
AI Analysis of LB.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 8.43% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.470 |
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Laurentian Bank of Canada has not yet announced its next dividend date. Last payment date was: May 01, 2024.
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LB Dividend Payout History
To ensure a understanding of LB's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 28, 2024 | Mar 28, 2024 | May 01, 2024 | $0.470 | 1.79% |
| 2 | Dec 06, 2023 | Jan 02, 2024 | Feb 01, 2024 | $0.470 | 1.79% |
| 3 | Sep 28, 2023 | Sep 29, 2023 | Nov 01, 2023 | $0.470 | 1.83% |
| 4 | Sep 28, 2023 | Sep 28, 2023 | Nov 01, 2023 | $0.470 | 1.83% |
| 5 | Jun 30, 2023 | Jun 30, 2023 | Aug 01, 2023 | $0.470 | 1.18% |
| 6 | Mar 31, 2023 | Mar 31, 2023 | May 01, 2023 | $0.460 | 1.42% |
| 7 | Dec 30, 2022 | Dec 30, 2022 | Feb 01, 2023 | $0.460 | 1.30% |
| 8 | Sep 29, 2022 | Sep 29, 2022 | Nov 01, 2022 | $0.450 | 1.47% |
| 9 | Jun 01, 2022 | Jun 30, 2022 | Aug 01, 2022 | $0.450 | 1.08% |
| 10 | Mar 01, 2022 | Mar 31, 2022 | May 01, 2022 | $0.440 | 1.13% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
LB Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from LB dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LB stock here.
Comparing LB to Sector and Country
LB.TO pays a solid dividend yield of 8.43%, which is higher than the average of the bottom 25% of dividend payers in the CA market (1.39%). LB.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the CA market (11.34%), which means that there are more attractive dividend stocks to consider.
