UPDATE: Bank of Montreal (BMO) Raises Qtr. Dividend 2c to 78c/Share; Yields 4.4%

Bank of Montreal (NYSE: BMO) declared a quarterly dividend of $0.78 per share, or $3.12 annualized. This is up 2.6 percent from the prior quarterly dividend of $0.76.

The dividend will be payable on August 26, 2014, to stockholders of record on August 1, 2014, with an ex-dividend date of July 30, 2014.

The annual yield on the dividend is 4.4 percent.

For a dividend history and other dividend-related data on Bank of Montreal (BMO) click here.

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