BMO Financial Group Declares Dividends - Dec 1
-
bookmark
-
print
TORONTO, Dec. 1, 2020 /CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.06 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2021 ("Q1 2021 Dividend"), unchanged from the previous quarter and the prior year.
The Board of Directors also declared dividends of:
-
$0.112813 per share on paid-up Class B Preferred Shares Series 25;
-
$0.078011 per share on paid-up Class B Preferred Shares Series 26;
-
$0.24075 per share on paid-up Class B Preferred Shares Series 27;
-
$0.2265 per share on paid-up Class B Preferred Shares Series 29;
-
$0.240688 per share on paid-up Class B Preferred Shares Series 31;
-
$0.190875 per share on paid-up Class B Preferred Shares Series 33;
-
$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;
-
$0.303125 per share on paid-up Class B Preferred Shares Series 44; and
-
$0.31875 per share on paid-up Class B Preferred Shares Series 46.
The dividend on the common shares is payable on February 26, 2021, to shareholders of record on February 1, 2021. The dividends on the preferred shares are payable on February 25, 2021, to shareholders of record on February 1, 2021.
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 2021 Dividend declared today and subsequently until further notice, such additional common shares 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 3, 2021. 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.
More information about the Plan and how to enroll can be found at:
SOURCE BMO Financial Group
For further information: For News Media Enquiries: Paul Gammal, Toronto, paul.gammal@bmo.com, (416) 867-3996; For Investor Relations Enquiries: Bill Anderson, Toronto, bill2.anderson@bmo.com, (416) 867-7834; Internet: www.bmo.com, Twitter: @BMOmedia
TORONTO, Dec. 1, 2020 /CNW/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.06 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2021 ("Q1 2021 Dividend"), unchanged from the previous quarter and the prior year.
The Board of Directors also declared dividends of:
-
$0.112813 per share on paid-up Class B Preferred Shares Series 25;
-
$0.078011 per share on paid-up Class B Preferred Shares Series 26;
-
$0.24075 per share on paid-up Class B Preferred Shares Series 27;
-
$0.2265 per share on paid-up Class B Preferred Shares Series 29;
-
$0.240688 per share on paid-up Class B Preferred Shares Series 31;
-
$0.190875 per share on paid-up Class B Preferred Shares Series 33;
-
$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;
-
$0.303125 per share on paid-up Class B Preferred Shares Series 44; and
-
$0.31875 per share on paid-up Class B Preferred Shares Series 46.
The dividend on the common shares is payable on February 26, 2021, to shareholders of record on February 1, 2021. The dividends on the preferred shares are payable on February 25, 2021, to shareholders of record on February 1, 2021.
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 2021 Dividend declared today and subsequently until further notice, such additional common shares 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 3, 2021. 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.
More information about the Plan and how to enroll can be found at:
SOURCE BMO Financial Group
For further information: For News Media Enquiries: Paul Gammal, Toronto, paul.gammal@bmo.com, (416) 867-3996; For Investor Relations Enquiries: Bill Anderson, Toronto, bill2.anderson@bmo.com, (416) 867-7834; Internet: www.bmo.com, Twitter: @BMOmedia
You might also be interested in
BMO Named One of the World's Most Ethical Companies by the Ethisphere Institute for the Fourth Year in a Row
BMO Financial Group among first Canadian banks to sign United Nations Principles for Responsible Banking
BMO Financial Group ranked top bank in North America on Corporate Knights' 2021 Global 100 Most Sustainable Corporations in the World
BMO Financial Group 2020 Sustainability Report and Public Accountability Statement Now Available Online
BMO Capital Markets Named Best Canadian Bank for USD/CAD for 10th Consecutive Year
BMO Ranked Among Most Sustainable Companies on Dow Jones Sustainability Index - North America
BMO Financial Group Reaches Key Milestone in Matching 100 Per Cent of Electricity Usage with Renewables
BMO Financial Group Recognized as One of the World's Most Sustainably Managed Companies in New Wall Street Journal Ranking
BMO Capital Markets to Donate C$1.6 Million Following 16th Annual Equity Through Education Trading Day
Media Advisory - BMO Capital Markets Celebrates 16 Years of the Equity Through Education Trading Day
Forbes ranks BMO Harris Bank as one of America’s Best Employers for Women in 2020
Tracking the Recovery: BMO Economics Introduces Canadian Business Activity Index
BMO Capital Markets to host 2020 Prescriptions for Success Healthcare Virtual Conference
BMO Financial Group to Source 100 Per Cent of Electricity Usage From Renewables
Media Advisory - BMO Expert Podcast on COVID-19 and the Future of the Global Economy
Canada's Six Biggest Banks Take Decisive Action To Help Customers Impacted by COVID-19
Maple Leaf Foods and BMO Capital Markets enter into First Sustainability-Linked Loan in Canada