Laurentian Bank of Canada (LB.CA) Shares Cross 4% Yield MarkBy Canada Stock Channel Staff, Monday, April 19, 3:18 PM ET
In trading on Monday, shares of Laurentian Bank of Canada (TSE:LB.CA) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.60), with the stock changing hands as low as $39.99 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Laurentian Bank of Canada, looking at the history chart for LB.CA below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 4% annual yield.
The chart below shows the one year performance of LB.CA shares, versus its 200 day moving average:
Looking at the chart above, LB.CA's low point in its 52 week range is $25.74 per share, with $41.39 as the 52 week high point — that compares with a last trade of $40.36.
Free Report: Top 7%+ Dividends (paid monthly)
This Article's Word Cloud: Arial Bank Canada Dividends Free Juicy Laurentian Looking Monday More Report Start Stocks Where Yields above afterLeftLabels always amounts annual annualized average axisColor background based because beforeLeftLabels below bkgImage bottomBuffer bottomLabels bottomTableHeight case changing chart chartBackgroundColor clientId company compares consider dividend escape fillColor point share shares stock week whether with