Bank of Montreal Raises Quarterly Dividend by 2.5%
Dow Jones12-04 19:20
By Colin Kellaher
Bank of Montreal's board has raised the banking and financial-services giant's quarterly dividend by about 2.5%, to 1.67 Canadian dollars (U.S.$1.20) from C$1.63.
The new payout, equal to C$6.68 a year, represents an annual yield of about 3.77% based on Wednesday's closing price of C$177.02, up from 3.68%.
The Toronto-based company on Thursday said the increased dividend is payable Feb. 26 to shareholders of record Jan. 30.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 04, 2025 06:20 ET (11:20 GMT)
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