Laurentian Bank Payout Remains Steady

Laurentian Bank of Canada has announced its regular quarterly dividend payment for common shares. The bank declared a dividend of 47 cents per share, payable on October 30 to holders of record at the close of business on October 1.

The dividend is unchanged from previous quarters and reflects the bank's commitment to maintaining a stable payout for shareholders.

Laurentian Bank shares (T.LB) are trading flat at $40.31, with no significant movement in price following the announcement.