Laurentian Bank of Canada declares dividend on its common shares
The above-mentioned dividends are designated as eligible dividends for the purposes of the Income Tax Act (
The Bank's common shares are eligible shares under the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan (the "Plan"). 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 at the applicable investment price as defined in the Plan, at no discount, and no brokerage commissions or service charges of any kind will apply.
In addition, holders of such shares are entitled to make monthly optional cash payments to purchase additional common shares in accordance with the terms of the Plan.
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Registered holders who participate in the Plan who wish to terminate their participation so that cash dividends to which they are entitled to be paid on and after
About Laurentian Bank of Canada
Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.
SOURCE Laurentian Bank of Canada