BMO Financial Group Increases Common Share Dividend by 4 Cents From the Prior Quarter, Up 8 Per Cent From the Prior Year
TORONTO, Dec. 4, 2018 /PRNewswire/ -- Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.00 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2019 ("Q1 2019 Dividend"), a 4 cent increase from the previous quarter and up 8 per cent from the prior year.
The Board of Directors also declared dividends of:
$0.112813 per share on paid-up Class B Preferred Shares Series 25;
$0.177132 per share on paid-up Class B Preferred Shares Series 26;
$0.25 per share on paid-up Class B Preferred Shares Series 27;
$0.24375 per share on paid-up Class B Preferred Shares Series 29;
$0.2375 per share on paid-up Class B Preferred Shares Series 31;
$0.2375 per share on paid-up Class B Preferred Shares Series 33;
$0.3125 per share on paid-up Class B Preferred Shares Series 35;
$14.625 per share on paid-up Class B Preferred Shares Series 36(1);
$0.303125 per share on paid-up Class B Preferred Shares Series 38;
$0.28125 per share on paid-up Class B Preferred Shares Series 40;
$0.275 per share on paid-up Class B Preferred Shares Series 42; and
$0.53483 per share on paid-up Class B Preferred Shares Series 44.
The dividend on the common shares is payable on February 26, 2019, to shareholders of record on February 1, 2019. The dividends on the preferred shares are payable on February 25, 2019, to shareholders of record on February 1, 2019.
The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
Common shareholders may elect to have their cash dividends reinvested in common shares of the Bank in accordance with the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan (the "Plan"). For the Q1 2019 Dividend declared today and subsequently until further notice, common shares under the Plan will be purchased on the open market.
For registered shareholders who wish to participate in the Plan, Enrolment Forms must be received by the Bank's transfer agent, Computershare Trust Company of Canada, by the close of business on February 5, 2019. Beneficial or non-registered holders must contact their financial institution or broker well in advance of the above date for instructions on how to participate.
Note: All times local.
Toronto, Ontario
Private meetings.
12:30 p.m.
The Deputy Prime Minister will tour a research lab and discuss Budget 2024's investments to support research, students, innovation, and productivity. A media availability will...
Meridian, Ontario's largest credit union and of the largest in Canada, celebrated its corporate milestones and its Small Business Big Impact Award winners at this year's Annual General Meeting (AGM) on April 18, 2024 at the Meridian Arts Center in...
Baozun Inc. ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, announced today the release of its 2023 annual sustainability report (the "Sustainability Report"), showcasing...
Sucro Limited ("Sucro" or the "Company") , an integrated sugar company focused primarily on serving the North American market, today announced financial results for the three and twelve months ended December 31, 2023. All amounts are shown in United...
ACCO Brands Corporation today announced that it will release its first quarter 2024 earnings after the market close on May 2, 2024. The Company will host a conference call and webcast to discuss the results on May 3 at 8:30 a.m. EST. The webcast can...
Surmodics, Inc. , a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, today announced that second quarter of fiscal year 2024 financial results will be released before the market opens on Wednesday,...