BMO Financial Group (BMO) Declares $0.86 Quarterly Dividend; 5.3% Yield

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BMO Financial Group Declares Dividends

August 23, 2016 6:46 AM EDT

TORONTO, ONTARIO -- (Marketwired) -- 08/23/16 -- Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.86 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2016, unchanged from the previous quarter and up 5% from a year ago.

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... More