Laurentian Bank Declares Preferred Share Dividend
The Laurentian Bank of Canada's Board of Directors has declared a dividend on its preferred shares Series 13. The payout will be $0.38725 per share, payable on September 15, 2026, to shareholders recorded as of September 7, 2026.
The dividends are designated as eligible dividends under the Income Tax Act (Canada) and similar provincial legislation.
Preferred shareholders can reinvest their dividends in newly issued common shares through the Shareholder Dividend Reinvestment and Share Purchase Plan. This plan allows investors to purchase additional common shares at no discount, without brokerage commissions or service charges.