MONTREAL, Feb. 26, 2015 /CNW Telbec/ - At its meeting held on February
26, 2015, the Board of Directors of the Laurentian Bank of Canada (the
"Bank") declared a regular quarterly dividend of 54 cents per share on
the common shares payable on May 1, 2015 to the holders on record at
the close of business on April 1, 2015.
The above-mentioned dividend on the common shares is designated as an
eligible dividend for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
The above-mentioned common shares are Eligible Shares under the Bank's
Shareholder Dividend Reinvestment and Share Purchase Plan. For the
dividend payable on May 1, 2015, the Bank has determined, in accordance
with the terms of the Plan, that shares will, until further notice, be
purchased in the open market. Consequently, no discount will apply to
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.
For more information, please contact Computershare Trust Company of
Canada at 1-800-564-6253. Beneficial or non-registered owners of common
and preferred shares must contact their financial institution or broker
for instructions on how to participate in the Plan.
SOURCE Laurentian Bank of Canada
For further information:
Vice-President, Public Affairs, Communications and Investor Relations
Office: (514) 284-4500, extension 7511
Cellular: (514) 893-3963