Bank of Montreal Dividends and Buybacks
Dividend criteria checks 6/6
Bank of Montreal is a dividend paying company with a current yield of 4.67% 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 | US$4.560 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Bank 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 06Bank of Montreal announces C$650M institutional NVCC preferred stock offering
Jan 24Bank of Montreal gets regulatory approval to acquire Bank of the West
Jan 18Stability 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% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| 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 US market (1.37%).
High Dividend: BMO's dividend (4.67%) is in the top 25% of dividend payers in the US market (4.21%)
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).