Bank of Montreal Dividend
Dividend criteria checks 6/6
Bank of Montreal is a dividend paying company with a current yield of 4.74% that is well covered by earnings.
Key information
4.7%
Dividend yield
81%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$7.12 |
| Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Bank 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 18Bank of Montreal, Extend add new payments functionality to BMO corporate cards
Dec 07Bank of Montreal raises $750M through subordinated note issue
Oct 21Bank Of Montreal: Not A Bad Time To Accumulate Shares
Sep 24BMO Capital Markets reportedly cuts staff in wake of weakness in division
Sep 15Stability 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) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (BMO) | 5.0% |
Notable Dividend: BMO's dividend (4.74%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: BMO's dividend (4.74%) is in the top 25% of dividend payers in the US market (4.68%)
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.3%), BMO's 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 (50.8% payout ratio).