MONTREAL, Aug. 17, 2021 (GLOBE NEWSWIRE) Laurentian Bank of Canada (TSX: LB) (the “Bank”) announces that its Board of Directors today declares a dividend…
Author of the article: GlobeNewswire
Publishing date: Jun 02, 2021  â¢Â 1 hour ago  â¢Â 2 minute read  â¢Â
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MONTREAL, June 02, 2021 (GLOBE NEWSWIRE) â At its meeting held on June 1, 2021, the Board of Directors of the Laurentian Bank of Canada (TSX: LB) (the âBankâ) declared a regular quarterly dividend of 40 cents per share on the common shares payable on August 1, 2021 to the holders of record at the close of business on July 2, 2021.
The above-mentioned dividends are designated as eligible dividends for the purposes of the
Income Tax Act (Canada) and any similar provincial and territorial legislation.
The above-mentioned shares are eligible shares under the Bankâs Shareholder Dividend Reinvestment and Share Purchase Plan (the âPlanâ). Consequently, the holders of such shares may elect to reinvest their dividends in newly issued common shares of the Bank. Such purchases will be made a
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