Laurentian Bank - is a 6.73% dividend safe?

TLDR - potentially not.

Author

Qayyum Rajan
September 22, 2024

Laurentian Bank has been paying dividends for over 30 years.

Its yield right now, is pretty out of sync with other financials.

One of the Wealth Awesome readers put it best …

“Other than being the worst performing bank in Canada for 16 years. It is a fine co. Better hope for another take under bid”

😂 Here is the full scoop :

Laurentian Banks (TSX:LB) ex-dividend date is coming up. Is its 6.73% dividend yield a safe buy?

With a dividend yield currently sitting at 6.73%, Laurentian Bank (TSX:LB) presents a rate significantly higher rate than competitors. Is LB stock worth a buy?

wealthawesome.com/laurentian-banks-tsxlb-ex-dividend-date-is-coming-up-is-its-6-73-dividend-yield-a-safe-buy

Let us know your thoughts in the comments.

The Wealth Awesome Team

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