Bank of Montreal Dividends and Buybacks
Dividend criteria checks 5/6
Bank of Montreal is a dividend paying company with a current yield of 4.67% that is well covered by earnings. Next payment date is on 26th November, 2024 with an ex-dividend date of 30th October, 2024.
Key information
4.7%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 1.9% |
| Next dividend pay date | 26 Nov 24 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | CA$6.200 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Bank of Montreal (TSE:BMO) Will Pay A Dividend Of CA$1.55
Oct 08
Bank of Montreal's (TSE:BMO) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.55
Jun 19Recent updates
Bank of Montreal (TSE:BMO) Will Pay A Dividend Of CA$1.55
Oct 08Bank of Montreal's (TSE:BMO) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.55
Jun 19Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.55
Jun 01Bank of Montreal's (TSE:BMO) Dividend Will Be Increased To CA$1.51
Jan 21Bank of Montreal (TSE:BMO) Has Announced That It Will Be Increasing Its Dividend To CA$1.51
Dec 05Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.47
Jul 20Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.47
Jul 06Should You Be Adding Bank of Montreal (TSE:BMO) To Your Watchlist Today?
Apr 30Bank of Montreal's (TSE:BMO) Upcoming Dividend Will Be Larger Than Last Year's
Mar 03Bank of Montreal's (TSE:BMO) Upcoming Dividend Will Be Larger Than Last Year's
Jan 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BMO's dividends per share have been stable in the past 10 years.
Growing Dividend: BMO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bank of Montreal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BMO) | 4.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Banks) | 4.2% |
| Analyst forecast (BMO) (up to 3 years) | 4.9% |
Notable Dividend: BMO's dividend (4.67%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: BMO's dividend (4.67%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.5%), BMO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMO's dividends in 3 years are forecast to be covered by earnings (53.1% payout ratio).