Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) declared a quarterly dividend on Tuesday, July 30th, RTT News reports. Shareholders of record on Tuesday, August 27th will be paid a dividend of 1.55 per share by the bank on Tuesday, August 27th. This represents a $6.20 dividend on an annualized basis and a yield of 5.13%. The ex-dividend date of this dividend is Tuesday, July 30th. This is a boost from Bank of Montreal’s previous quarterly dividend of $1.51.
Bank of Montreal Price Performance
Shares of TSE:BMO opened at C$120.86 on Friday. The company has a market capitalization of C$87.68 billion, a price-to-earnings ratio of 16.58, a P/E/G ratio of 0.54 and a beta of 1.19. The firm’s 50 day simple moving average is C$119.06 and its 200 day simple moving average is C$124.48. Bank of Montreal has a fifty-two week low of C$102.67 and a fifty-two week high of C$133.95.
Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last posted its earnings results on Wednesday, May 29th. The bank reported C$2.59 earnings per share for the quarter, missing the consensus estimate of C$2.74 by C($0.15). Bank of Montreal had a return on equity of 7.28% and a net margin of 17.71%. The firm had revenue of C$7.97 billion during the quarter, compared to analyst estimates of C$8.06 billion. Equities research analysts expect that Bank of Montreal will post 11.2532189 earnings per share for the current year.
Analyst Upgrades and Downgrades
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Bank of Montreal Company Profile
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products.
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