MONTREAL, Aug. 28, 2026 /CNW/ -- At its meeting held on August 27, 2026, the Board of Directors of Laurentian Bank of Canada (TSX: LB) (the "Bank") declared a regular quarterly dividend of 47 cents per share on the common shares, payable on October 30, 2026, to the holders of record at the close of business on October 1, 2026.

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.

Furthermore, the Bank announced today that it has determined to terminate its Shareholder Dividend Reinvestment and Share Purchase Plan (the "Plan"), effective September 30, 2026. Prior to that date, any Bank common shares issued pursuant to the Plan will be issued by the Bank's Corporate Treasury without discount.

For more information, please contact Computershare Trust Company of Canada by phone at 1-800-564-6253 or by e-mail at service@computershare.com, or by mail at 650 De Maisonneuve West 7th floor, Montreal, QC H3A 3T2.

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 Banque Laurentienne du Canada