MONTREAL, May 22, 2013 /CNW Telbec/ - The Board of Directors of the Laurentian
Bank of Canada declared today the following dividends:
® a dividend of $0.328125 on the preferred shares Series 10, payable on June
15, 2013 to shareholders of record at the close of business on June 7, 2013.
® a dividend of $0.25 on the preferred shares Series 11, payable on June15,
2013 to shareholders of record at the close of business on June 7, 2013.
For the year 2013, all dividends declared will be eligible dividends, unless
otherwise indicated. The dividends declared on May 22, 2013, are eligible
dividends for income tax legislation purposes.
The above mentioned preferred shares are Eligible Shares under the Bank's
Shareholder Dividend Reinvestment and Share Purchase 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, less a discount of 2%, 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. No discount will apply to such purchases.
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.
Gladys Caron Vice-President, Public Affairs, Communications and Investor
Relations Office: (514) 284-4500, extension 7511 Cellular: (514) 893-3963
SOURCE: Laurentian Bank of Canada
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CO: Laurentian Bank of Canada
NI: FIN FIN DIV
-0- May/22/2013 13:20 GMT
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