Laurentian Bank of Canada - Dividend notice

MONTREAL, May 21, 2014 /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, 2014 to shareholders of record at the close
            of business on June 6, 2014.
        --  a dividend of $0.25 on the preferred shares Series 11, payable
            on June 15, 2014 to shareholders of record at the close of
            business on June 6, 2014.
        --  an initial dividend of $0.2150 on the preferred shares Series
            13, payable on June 15, 2014 to shareholders of record at the
            close of business on June 6, 2014.

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.

The 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.



SOURCE  Laurentian Bank of Canada 
Gladys Caron Vice-President, Public Affairs, Communications and Investor 
Relations Office: (514) 284-4500, extension 7511 Cellular: (514) 893-3963 
gladys.caron@banquelaurentienne.ca  
To view this news release in HTML formatting, please use the following URL: 
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CO: Laurentian Bank of Canada
ST: Quebec
NI: FIN DIV FIN  
-0- May/21/2014 13:27 GMT
 
 
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