Bank of Montreal (TSE:BMO – Get Rating) (NYSE:BMO) declared a quarterly dividend on Wednesday, May 24th, Zacks reports. Shareholders of record on Friday, July 28th will be given a dividend of 1.47 per share by the bank on Monday, August 28th. This represents a $5.88 annualized dividend and a yield of 5.21%. The ex-dividend date is Thursday, July 27th. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.43.
Bank of Montreal Price Performance
TSE:BMO opened at C$112.84 on Thursday. The firm has a market capitalization of C$79.36 billion, a price-to-earnings ratio of 5.64, a PEG ratio of 1.49 and a beta of 1.13. The company’s 50-day moving average is C$119.42 and its two-hundred day moving average is C$125.89. Bank of Montreal has a 1-year low of C$112.41 and a 1-year high of C$138.85.
Bank of Montreal (TSE:BMO – Get Rating) (NYSE:BMO) last posted its earnings results on Tuesday, February 28th. The bank reported C$3.22 earnings per share for the quarter, beating the consensus estimate of C$3.13 by C$0.09. The company had revenue of C$6.47 billion for the quarter. Bank of Montreal had a net margin of 40.56% and a return on equity of 21.06%. As a group, equities analysts anticipate that Bank of Montreal will post 13.4068182 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
About Bank of Montreal
Bank of Montreal engages in the provision of diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, personal loans, small business lending, cash management, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers.
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