Bank of Montreal Dividend
Dividend criteria checks 5/6
Bank of Montreal is a dividend paying company with a current yield of 4.89% that is well covered by earnings.
Key information
4.9%
Dividend yield
81%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$7.12 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BMO.PRY's dividends per share have been stable in the past 10 years.
Growing Dividend: BMO.PRY'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.PRY) | 4.9% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (BMO.PRY) | 5.2% |
Notable Dividend: BMO.PRY's dividend (4.89%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: BMO.PRY's dividend (4.89%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.3%), BMO.PRY's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMO.PRY's dividends in 3 years are forecast to be covered by earnings (50.8% payout ratio).