Bank of Montreal Raises Quarterly Dividend
Company Announcements

Bank of Montreal Raises Quarterly Dividend

Bank Of Montreal (TSE:BMO) has released an update.

The Bank of Montreal has announced an increase in its quarterly common share dividend to $1.55, marking a 5% rise from the previous year and a 3% increase from the prior quarter. Shareholders can expect the dividend payout on August 27, 2024, with eligibility for reinvestment under the Bank’s Dividend Reinvestment Plan. The bank also declared dividends on various series of its Class B Preferred Shares, payable on August 26, 2024.

For further insights into TSE:BMO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBank of Montreal Announces Preferred Shares Redemption
TipRanks UK Auto-Generated NewsdeskBank of Montreal Expands Global Note Program
TipRanks UK Auto-Generated NewsdeskBank of Montreal Issues EUR 1 Billion Senior Notes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!