Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services. In addition, the company provides life insurance, accident and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. It operates through approximately 900 bank branches and 3,300 automated banking machines in Canada and the United States. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.
Bank of Montreal Dividend Announcement
• Bank of Montreal announced a quarterly dividend of $1.11 per ordinary share which will be made payable on 2024-11-26. Ex dividend date: 2024-10-30
• Bank of Montreal annual dividend for 2024 was $4.46
• Bank of Montreal annual dividend for 2023 was $4.28
• Bank of Montreal's trailing twelve-month (TTM) dividend yield is 4.28%
• Bank of Montreal's payout ratio for the trailing twelve months (TTM) is 50.02%
• Bank of Montreal's dividend growth over the last five years (2018-2023) was 5.04% year
• Bank of Montreal's dividend growth over the last ten years (2013-2023) was 3.83% year
Bank of Montreal Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-30 | $1.11 | quarterly | 2024-11-26 |
| 2024-07-30 | $1.12 | quarterly | 2024-08-27 |
| 2024-04-26 | $1.11 | quarterly | 2024-05-28 |
| 2024-01-29 | $1.12 | quarterly | 2024-02-27 |
| 2023-10-27 | $1.06 | quarterly | 2023-11-28 |
| 2023-07-27 | $1.11 | quarterly | 2023-08-28 |
| 2023-04-27 | $1.05 | quarterly | 2023-05-26 |
| 2023-01-27 | $1.05 | quarterly | 2023-02-28 |
| 2022-10-31 | $1.02 | quarterly | 2022-11-28 |
| 2022-07-29 | $1.09 | quarterly | 2022-08-26 |
| 2022-04-29 | $1.06 | quarterly | 2022-05-26 |
| 2022-01-31 | $1.05 | quarterly | 2022-02-28 |
| 2021-10-29 | $0.83 | quarterly | 2021-11-26 |
| 2021-07-30 | $0.88 | quarterly | 2021-08-26 |
| 2021-04-30 | $0.86 | quarterly | 2021-05-26 |
| 2021-01-29 | $0.83 | quarterly | 2021-02-26 |
| 2020-10-30 | $0.80 | quarterly | 2020-11-26 |
| 2020-07-31 | $0.79 | quarterly | 2020-08-26 |
| 2020-04-30 | $0.76 | quarterly | 2020-05-26 |
| 2020-01-31 | $0.80 | quarterly | 2020-02-26 |
| 2019-10-31 | $0.78 | quarterly | 2019-11-26 |
| 2019-07-31 | $1.03 | quarterly | 2019-08-27 |
| 2019-04-30 | $0.74 | quarterly | 2019-05-28 |
| 2019-01-31 | $0.76 | quarterly | 2019-02-26 |
| 2018-10-31 | $0.73 | quarterly | 2018-11-27 |
| 2018-07-31 | $0.96 | quarterly | 2018-08-28 |
| 2018-04-30 | $0.73 | quarterly | 2018-05-28 |
| 2018-01-31 | $0.93 | quarterly | 2018-02-27 |
| 2017-10-31 | $0.70 | quarterly | 2017-11-28 |
| 2017-07-28 | $0.72 | quarterly | 2017-08-28 |
| 2017-04-27 | $0.65 | quarterly | 2017-05-26 |
| 2017-01-30 | $0.67 | quarterly | 2017-02-28 |
| 2016-10-28 | $0.64 | quarterly | 2016-11-28 |
| 2016-07-27 | $0.65 | quarterly | 2016-08-26 |
| 2016-04-28 | $0.67 | quarterly | 2016-05-26 |
| 2016-01-28 | $0.60 | quarterly | 2016-02-26 |
| 2015-10-29 | $0.62 | quarterly | 2015-11-26 |
| 2015-07-29 | $0.64 | quarterly | 2015-08-26 |
| 2015-04-29 | $0.80 | quarterly | 2015-05-26 |
| 2015-01-29 | $0.64 | quarterly | 2015-02-26 |
| 2014-10-30 | $0.78 | quarterly | 2014-11-26 |
| 2014-07-30 | $0.78 | quarterly | 2014-08-26 |
| 2014-04-29 | $0.69 | quarterly | 2014-05-27 |
| 2014-01-30 | $0.76 | quarterly | 2014-02-26 |
| 2013-10-30 | $0.74 | quarterly | 2013-11-26 |
| 2013-07-30 | $0.74 | quarterly | 2013-08-27 |
| 2013-04-29 | $0.74 | quarterly | 2013-05-28 |
| 2013-01-30 | $0.72 | quarterly | 2013-02-26 |
Bank of Montreal Dividend per year
Bank of Montreal Dividend growth
Bank of Montreal Dividend Yield
Bank of Montreal current trailing twelve-month (TTM) dividend yield is 4.28%. Interested in purchasing Bank of Montreal stock? Use our calculator to estimate your expected dividend yield:
Bank of Montreal Financial Ratios
P/E ratio14.40
PEG ratio48.86
P/B ratio1.15
ROE8.37%
Payout ratio50.02%
Current ratio0.57
Quick ratio0.51
Cash Ratio0.11
Bank of Montreal Dividend FAQ
How much is the next Bank of Montreal dividend?
Bank of Montreal's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank of Montreal dividend. The next Bank of Montreal dividend will be released in January, April, July, or October.
When is Bank of Montreal dividend paid?
Bank of Montreal pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bank of Montreal pay?
The specific amount of Bank of Montreal dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of Montreal's dividend history.
Does Bank of Montreal stock pay dividends?
Yes, Bank of Montreal does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of Montreal's dividend history.
How much dividend does Bank of Montreal pay?
Bank of Montreal paid $4.462 in 2024, $4.28 in 2023, $4.221 in 2022, $3.402 in 2021, and $3.153 in 2020.
How often does Bank of Montreal pay dividends?
Bank of Montreal typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Bank of Montreal's dividend yield?
The current dividend yield for Bank of Montreal is 4.28%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bank of Montreal's exact dividend yield.
When does Bank of Montreal go ex dividend?
Bank of Montreal's ex-dividend date for the latest dividend was on 2024-10-30. Bank of Montreal typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bank of Montreal dividend paid?
Bank of Montreal pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Bank of Montreal increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bank of Montreal will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bank of Montreal dividend per share?
Bank of Montreal paid $4.462 per share in 2024 and $4.28 per share in 2023. The amount of dividend per share that Bank of Montreal pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bank of Montreal a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bank of Montreal a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bank of Montreal a dividend stock?
Yes, Bank of Montreal is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of Montreal a good dividend stock?
Whether Bank of Montreal is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank of Montreal has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Bank of Montreal as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Bank of Montreal as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Bank of Montreal pay dividends monthly?
Bank of Montreal typically pays dividends on a quarterly basis.
Does Bank of Montreal pay dividends quarterly?
Bank of Montreal currently pays dividends on a quarterly basis.
Has Bank of Montreal ever paid a dividend?
Yes, Bank of Montreal has a history of paying dividends to its shareholders. Bank of Montreal is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of Montreal dividend stocks?
To buy Bank of Montreal you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of Montreal stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Bank of Montreal stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Bank of Montreal pay dividends 2024?
Bank of Montreal pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bank of Montreal increase its dividend in 2024?
Decisions regarding Bank of Montreal dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bank of Montreal dividend overview you can look into the above table of dividend history.
How Bank of Montreal dividend works?
The Bank of Montreal dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bank of Montreal's dividend process works:
1. Determination of Dividend: Bank of Montreal's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of Montreal publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of Montreal distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of Montreal are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Bank of Montreal's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Bank of Montreal publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Bank of Montreal distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Bank of Montreal are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Bank of Montreal dividends paid?
Bank of Montreal dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Bank of Montreal sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of Montreal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of Montreal declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Bank of Montreal sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Bank of Montreal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bank of Montreal declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Bank of Montreal pay dividends?
Bank of Montreal typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bank of Montreal pay dividends?
The general pattern is that Bank of Montreal pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bank of Montreal dividend safe?
The safety of Bank of Montreal's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Bank of Montreal's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of Montreal's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Bank of Montreal's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Bank of Montreal's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.