Bank of Montreal Dividend
Dividend criteria checks 5/6
Bank of Montreal is a dividend paying company with a current yield of 4.68% that is well covered by earnings.
Key information
4.7%
Dividend yield
35%
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 | Mex$15.12 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BMO N's dividends per share have been stable in the past 10 years.
Growing Dividend: BMO N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Bank of Montreal Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BMO N) | 4.7% |
Market Bottom 25% (MX) | 2.1% |
Market Top 25% (MX) | 6.8% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (BMO N) | 5.1% |
Notable Dividend: BMO N's dividend (4.68%) is higher than the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: BMO N's dividend (4.68%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), BMO N's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BMO N's dividends in 3 years are forecast to be well covered by earnings (48.3% payout ratio).