06-06-2018, 12:39 PM
TORONTO, May 30, 2018 /PRNewswire/ - Bank of Montreal (BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $0.96 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2018 ("Q3 2018 Dividend"), a 3 cent increase from the previous quarter and up 7 per cent from a year ago.
The dividend on the common shares is payable on August 28, 2018, to shareholders of record on August 1, 2018. The dividends on the preferred shares are payable on August 27, 2018, to shareholders of record on August 1, 2018.
The dividend on the common shares is payable on August 28, 2018, to shareholders of record on August 1, 2018. The dividends on the preferred shares are payable on August 27, 2018, to shareholders of record on August 1, 2018.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan