BMO Financial Group (BMO) Declares $0.84 Quarterly Dividend; 6.2% Yield
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February 23, 2016 6:50 AM EST
TORONTO, ONTARIO -- (Marketwired) -- 02/23/16 --
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 second quarter of fiscal year 2016, unchanged 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 Preferred Shares Series 16;
--...
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February 23, 2016 6:45 AM EST
TORONTO, ONTARIO -- (Marketwired) -- 02/23/16 --
For the first quarter ended January 31, 2016, BMO Financial Group (TSX: BMO)(NYSE: BMO) reported net income of $1,068 million or $1.58 per share on a reported basis and net income of $1,178 million or $1.75 per share on an adjusted basis.
"BMO continued to deliver good operating results this quarter with $1.2 billion in adjusted net income and adjusted earnings per share of $1.75, up 14% from last year. Good revenue growth and disciplined expense management led to positive net operating leverage for the third consecutive quarter," said Bill Downe,... More
