Laurentian Bank Declares Dividend on Preferred Shares

The latest update is out from Laurentian Bank ( (TSE:LB) ).

Laurentian Bank of Canada has declared a dividend of $0.38725 on its preferred shares Series 13, payable on December 15, 2025. These dividends are eligible for reinvestment under the Bank’s Shareholder Dividend Reinvestment and Share Purchase Plan, allowing shareholders to reinvest dividends in newly issued common shares without additional charges. This move reflects the bank’s ongoing commitment to providing value to its shareholders and could enhance shareholder engagement by offering flexible investment options.

The most recent analyst rating on (TSE:LB) stock is a Hold with a C$33.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.

Spark’s Take on TSE:LB Stock

According to Spark, TipRanks’ AI Analyst, TSE:LB is a Outperform.

Laurentian Bank’s strong financial performance and reasonable valuation are key strengths, supported by positive technical indicators. However, economic challenges reflected in the earnings call, such as revenue and income declines, slightly offset these strengths.

To see Spark’s full report on TSE:LB stock, click here.

More about Laurentian Bank

Founded in Montréal in 1846, Laurentian Bank aims to foster prosperity for its customers through specialized commercial banking and low-cost banking services, focusing on growing savings for middle-class Canadians. With approximately 2,800 employees, the bank offers a wide range of financial services and advice-based solutions across Canada and the United States, managing $49.9 billion in balance sheet assets and $25.0 billion in assets under administration.

Average Trading Volume: 255,954

Technical Sentiment Signal: Buy

Current Market Cap: C$1.48B

For detailed information about LB stock, go to TipRanks’ Stock Analysis page.