BMO Financial Group (BMO) Raises Quarterly Dividend 3.2% to $0.96; 5% Yield
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BMO Financial Group Increases Common Share Dividend by 3 cents from the prior quarter, up 7 per cent from the prior year
May 30, 2018 6:46 AM EDTTORONTO, May 30, 2018 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $0.96 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2018 ("Q3 2018 Dividend"), a 3 cent increase from the previous quarter and up 7 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; $0.179589 per share on paid-up Class B Preferred... More