Bank of Montreal Dividends and Buybacks
Dividend criteria checks 5/6
Bank of Montreal is a dividend paying company with a current yield of 4.65% that is well covered by earnings.
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 | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$6.200 |
| Payout ratio | 70% |
Recent dividend and buyback 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) | 4.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Banks) | 4.1% |
| Analyst forecast (BMO.PRY) (up to 3 years) | 4.9% |
Notable Dividend: BMO.PRY's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: BMO.PRY's dividend (4.65%) is low compared to the top 25% of dividend payers in the Canadian market (6.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.5%), BMO.PRY's dividend 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 (53.2% payout ratio).