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Laurentian Bank of Canada (TSX:LB.PR.J.PFD) Dividend Yield % : 5.85% (As of Apr. 28, 2024)


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What is Laurentian Bank of Canada Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Laurentian Bank of Canada is 5.85%.

Good Sign:

Laurentian Bank of Canada stock dividend yield is close to 3-year high.

The historical rank and industry rank for Laurentian Bank of Canada's Dividend Yield % or its related term are showing as below:

TSX:LB.PR.J.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 3.57   Med: 4.62   Max: 9.77
Current: 5.85

During the past 13 years, the highest Dividend Yield of Laurentian Bank of Canada was 9.77%. The lowest was 3.57%. And the median was 4.62%.

TSX:LB.PR.J.PFD's Dividend Yield % is ranked better than
85.31% of 1205 companies
in the Banks industry
Industry Median: 3.99 vs TSX:LB.PR.J.PFD: 5.85

Laurentian Bank of Canada's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Laurentian Bank of Canada was 0.73. The lowest was 0.34. And the median was 0.41.

As of today (2024-04-28), the Forward Dividend Yield % of Laurentian Bank of Canada is 5.85%.

Laurentian Bank of Canada's Dividends per Share for the three months ended in Jan. 2024 was C$0.00.

During the past 12 months, Laurentian Bank of Canada's average Dividends Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Laurentian Bank of Canada was 11.20% per year. The lowest was -14.30% per year. And the median was 5.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Laurentian Bank of Canada Dividend Yield % Historical Data

The historical data trend for Laurentian Bank of Canada's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Laurentian Bank of Canada Dividend Yield % Chart

Laurentian Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividend Yield %
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Laurentian Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Laurentian Bank of Canada's Dividend Yield %

For the Banks - Regional subindustry, Laurentian Bank of Canada's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Laurentian Bank of Canada's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Laurentian Bank of Canada's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Laurentian Bank of Canada's Dividend Yield % falls into.



Laurentian Bank of Canada Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Laurentian Bank of Canada  (TSX:LB.PR.J.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Laurentian Bank of Canada Dividend Yield % Related Terms

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Laurentian Bank of Canada (TSX:LB.PR.J.PFD) Business Description

Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.

Laurentian Bank of Canada (TSX:LB.PR.J.PFD) Headlines

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