BMO Financial Group Declares Dividends
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.8%
EPS Growth %: +15.2%
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The Board of Directors also declared dividends of:
$0.426 per share on paid-up Class B Preferred Shares Series 44;$36.865 per share on paid-up Class B Preferred Shares Series 50(1); and$35.285 per share on paid-up Class B Preferred Shares Series 52(1).
The dividend on the common shares is payable on
The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (
Common shareholders may elect to have their cash dividends reinvested in common shares of the Bank in accordance with the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan (the "Plan"). Such additional common shares will be purchased on the open market without a discount until further notice.
For registered shareholders who wish to participate in the Plan, Enrolment Forms must be received by the Bank's transfer agent, Computershare Trust Company of Canada, by the close of business on
More information about the Plan and how to enroll can be found at: http://www.bmo.com/home/about/banking/investor-relations/shareholder-information/dividend-reinvestment-plan
(1) The Class B Preferred Shares Series 50 and 52 are not listed on any stock exchanges.
Internet: www.bmo.com X: @BMOmedia
View original content:https://www.prnewswire.com/news-releases/bmo-financial-group-declares-dividends-302538748.html
SOURCE BMO Financial Group
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