BMO Financial Group (BMO) Raises Quarterly Dividend 2.4% to $0.84; 5.8% Yield

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BMO Financial Group Increases Common Share Dividend

December 1, 2015 6:46 AM EST

TORONTO, ONTARIO -- (Marketwired) -- 12/01/15 -- Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.84 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2016, a 2 cent increase from the previous quarter.

The Board of Directors also declared dividends of:

-- $0.328125 per share on paid-up Class B Preferred Shares Series 14; -- $0.3625 per share on paid-up Class B Preferred Shares Series 15; -- $0.211875 per share on paid-up Class B... More

BMO Financial Group Reports Net Income of $4.4 Billion for Fiscal 2015; Fourth Quarter Net Income Up 13%

December 1, 2015 6:46 AM EST

TORONTO, ONTARIO -- (Marketwired) -- 12/01/15 -- For fiscal 2015, BMO Financial Group (TSX: BMO)(NYSE: BMO) reported net income of $4,405 million or $6.57 per share on a reported basis and net income of $4,681 million or $7.00 per share on an adjusted basis. For the fourth quarter ended October 31, 2015, net income was $1,214 million and EPS was $1.83. Adjusted net income was $1,264 million and adjusted EPS was $1.90.

"BMO posted a strong finish to the year, delivering record results, with $4.7 billion in adjusted net income, and adjusted earnings per share of $7.00, up 6% from last year,"... More