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Bank of Montreal Announces 6% Yearly Increase in Dividends, Setting New Rate at $1.51 per Share

Author: Benzinga Newsdesk | December 01, 2023 07:04am

Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.51 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2024 ("Q1 2024 Dividend"), a 4 cent, or 3 per cent, increase from the prior quarter, up 6 per cent from the prior year.

Posted In: BMO TSX:BMO


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