Bank of Montreal Dividends and Buybacks
Dividend criteria checks 6/6
Bank of Montreal is a dividend paying company with a current yield of 4.55% that is well covered by earnings. Next payment date is on 26th February, 2025 with an ex-dividend date of 30th January, 2025.
Key information
4.5%
Dividend yield
-0.07%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 2.0% |
| Next dividend pay date | 26 Feb 25 |
| Ex dividend date | 30 Jan 25 |
| Dividend per share | US$6.360 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Bank of Montreal: Higher Credit Risks And A Higher Dividend
Dec 05Bank of Montreal: Decent Dividend Yield, But Canada's Recession Fears Linger
Aug 15Bank of Montreal: Decline In Net Interest Income Continues To Place Pressure On Earnings
May 30Bank of Montreal: What Can We Expect?
May 24Bank Of Montreal Q1: Higher Provision For Credit Losses And Rate Uncertainty Could Limit Growth
Feb 28Bank of Montreal: Upgrade To Buy, +5% Dividend Yield And Attractive Valuation
Dec 04Bank of Montreal: Drop In Trading Revenues Place Pressure On Growth
Oct 14Bank of Montreal's 5% Yield: Value Opportunity?
Sep 29Bank of Montreal: Its Direction Shows Promise
Aug 31Bank of Montreal: Overvalued But Nice 4.5% Dividend Yield And Growth From Recent Takeover
Aug 02Bank of Montreal: Non-Interest Income Headwinds Remain
May 28Bank of Montreal implements fourth wage increase in two years
Feb 06Upcoming Dividend Payment
Stability 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) | 4.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (BMO) (up to 3 years) | 4.6% |
Notable Dividend: BMO's dividend (4.55%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: BMO's dividend (4.55%) is in the top 25% of dividend payers in the US market (4.48%)
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.2%), 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 well covered by earnings (46.2% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:31 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bank of Montreal is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Roberto de Aguiar Attuch | Barclays |
| Brian Morton | Barclays |
| John Reucassel | BMO Capital Markets Equity Research |