On February 28, 2024, Laurentian Bank of Canada declared a quarterly dividend of $0.47 per common share, payable on May 1, 2024, to shareholders of record on April 1, 2024. This quarterly dividend is equal to the dividend declared in the previous quarter and is 2% higher than the dividend declared in the previous year. The Board also determined that shares attributed under the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan will be made in common shares issued from Corporate Treasury with a 2% discount.