BMO Financial Group (BMO) Raises Quarterly Dividend 3.3% to $0.93; 4.8% Yield

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Go back to BMO Financial Group (BMO) Raises Quarterly Dividend 3.3% to $0.93; 4.8% Yield

BMO Financial Group Increases Common Share Dividend by 3 Cents From the Prior Quarter, Up 6 Per Cent From the Prior Year

December 5, 2017 6:46 AM EST

TORONTO, Dec. 5, 2017 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $0.93 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2018 ("Q1 2018 Dividend"), a 3 cent increase from the previous quarter and up 6 per cent from a year ago.

The Board of Directors also declared dividends of:

$0.211875 per share on paid-up Class B Preferred Shares Series 16; $0.164466 per share on paid-up Class B Preferred... More