Bank of Montreal Declares Quarterly Dividend Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Source: PRnewswire
- Dividend Increase: Bank of Montreal's Board of Directors declared a quarterly dividend of $1.71 per common share for Q3 FY2026, reflecting a $0.04 or 2% increase from the previous quarter and a 5% rise year-over-year, indicating the company's stable profitability and commitment to shareholder returns.
- Dividend Payment Schedule: The common share dividend is payable on August 26, 2026, to shareholders of record on July 30, 2026, ensuring timely returns for investors and enhancing shareholder confidence.
- Preferred Share Dividend: Additionally, the dividend for Class B Preferred Shares Series 44 will be paid on August 25, 2026, with the same record date of July 30, 2026, further demonstrating the company's commitment to various shareholder groups.
- Shareholder Reinvestment Plan: Common shareholders may elect to reinvest their cash dividends into common shares of the Bank, with registered shareholders required to submit enrollment forms by August 3, 2026, fostering shareholder engagement and long-term investment intentions.
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Analyst Views on BMO
Wall Street analysts forecast BMO stock price to fall
10 Analyst Rating
2 Buy
8 Hold
0 Sell
Hold
Current: 161.840
Low
128.13
Averages
133.97
High
144.69
Current: 161.840
Low
128.13
Averages
133.97
High
144.69
About BMO
Bank of Montreal (the Bank) is a North American bank. The Bank provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services. The Bank serves about 13 million customers across North America, and in select markets globally, through three integrated operating groups: Personal and Commercial Banking (P&C), BMO Wealth Management and BMO Capital Markets. The P&C operating group represents the sum of its two retail and commercial operating segments, Canadian Personal and Commercial Banking (Canadian P&C) and U.S. Personal and Commercial Banking (U.S. P&C). BMO Wealth Management serves a full range of clients, from individuals and families to business owners and institutions, offering a wide spectrum of wealth, asset management and insurance products and services. BMO Capital Markets offers a comprehensive range of products and services to corporate, institutional and government clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Earnings Per Share Beat: The adjusted EPS for the quarter reached C$3.67, surpassing analyst expectations of C$3.45, and showing a notable increase from C$3.48 in Q1 and C$2.62 in the same quarter last year, reflecting ongoing improvements in the company's profitability.
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- Growth in Non-Interest Income: The adjusted non-interest revenue for Q2 was C$4.31B, up from C$4.20B in Q1 and C$3.58B a year ago, demonstrating the company's sustained growth potential in wealth management and capital markets operations.
See More
