BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 per cent from the prior year
The Board of Directors also declared dividends of:
-
$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; and -
$0.426 per share on paid-up Class B Preferred Shares Series 44.
The dividend on the common shares is payable on
The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (
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"). Such additional common shares will be purchased on the open market without a discount until further notice.
For registered shareholders who wish to participate in the Plan, Enrolment Forms must be received by the Bank's transfer agent,
More information about the Plan and how to enroll can be found at:
http://www.bmo.com/home/about/banking/investor-relations/shareholder-information/dividend-reinvestment-plan
Internet: www.bmo.com X: @BMOmedia
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