Bank Of Montreal ( (TSE:BMO) ) just unveiled an announcement.
Bank of Montreal has announced that its Board of Directors declared a quarterly dividend of $1.59 per share on its common shares for the second quarter of fiscal year 2025, maintaining the same level as the previous quarter. Additionally, dividends were declared on several series of Class B Preferred Shares. These dividends are designated as ‘eligible’ for Canadian tax purposes, and shareholders have the option to reinvest their dividends through the bank’s Shareholder Dividend Reinvestment and Share Purchase Plan. This announcement reflects BMO’s stable financial performance and commitment to providing consistent returns to its shareholders.
More about Bank Of Montreal
Bank of Montreal (BMO) is a major financial services provider in North America, operating in the banking industry. It offers a wide range of financial products and services, including personal and commercial banking, wealth management, and investment banking. BMO is listed on both the Toronto Stock Exchange and the New York Stock Exchange, indicating its significant presence in the financial markets.
YTD Price Performance: 3.95%
Average Trading Volume: 634,919
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $72.82B
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