BMO Bank of Montreal — dividend yield, history & ex-dividend dates
Bank of Montreal engages in the provision of diversified financial services primarily in North America. The company operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. It’s personal banking products and services include deposits, 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. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; offers investment management services to institutional, retail, and high net worth investors; and diversified insurance, and wealth and pension de-risking solutions. In addition, the company provides individual life, critical illness and annuity products, as well as segregated funds, and group creditor and travel insurance to customers; debt and equity capital-raising, loan origination and syndication, balance sheet management, treasury management, mergers and acquisitions advice, restructurings and recapitalizations, trade finance, and risk mitigation services, as well as a range of banking and other operating services. Further, the company offers research and access to financial markets for institutional, corporate and retail clients through an integrated suite of sales and trading solutions related to debt, foreign exchange, interest rates, credit, equities, securitization, and commodities; provides new product development and origination services, as well as risk management and advisory services for hedging strategies, including in interest rates, foreign exchange rates and commodities prices; and funding and liquidity management services. Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
Not Rated
How the Dividend Safety Score is built for BMO
| Input | Value | Points | Weight |
|---|---|---|---|
| Dividend record | 32 years of uninterrupted regular payments | 95 | 25% |
| Earnings stability | Net income positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 15% |
| Earnings payout ratio | Earnings payout ratio 56% (TTM to Jul 31, 2026) | 65 | 30% |
| Equity / assets | Equity / assets 5.6% (balance sheet Jul 31, 2026) | 24 | 20% |
| Return on assets | Return on assets 0.62% (TTM to Jul 31, 2026; average total assets) | 52 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: bank. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for BMO
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 7.8% (2020–2025) | 89 | 25% |
| Consecutive annual increases | 5 consecutive annual increases (through 2025) | 60 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 56% (TTM to Jul 31, 2026) | 60 | 20% |
| Earnings per share growth (3 years) | EPS CAGR -17.0% (FY2022–FY2025) | 0 | 15% |
| 10-year dividend growth | 10-year dividend CAGR 5.5% (2015–2025) | 75 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: bank. Formula version 2026-10-19.4.
Key Metrics
Current Yield
2.78%
At the Oct 30, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$4.8851
Declared Aug 25, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
65
As of Oct 30, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$119.92 – $185.81
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
55.92%
12 months to Jul 31, 2026 (Q3 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
32
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
1.91
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
BMO has raised its annual dividend in 24 separate years since November 1994, which ranks 311 among the 2,430 payers with a comparable record in our dataset. No year in that span saw the annual total fall by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
BMO's dividend yield rose from 2.72% to 2.78% over the past ~90 days (+0.06 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.06 pp from the share price ($179.72 on Aug 03, 2026 → $175.88 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), BMO's current yield is higher than approximately 13% of them. Our stored price history for BMO covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $1.2213 Q | Regular | Aug 25, 2026 | Oct 30, 2026 | Oct 30, 2026 | Nov 26, 2026 |
| $1.2211 Q | Regular | May 27, 2026 | Jul 30, 2026 | Jul 30, 2026 | Aug 26, 2026 |
| $1.2214 Q | Regular | Feb 25, 2026 | Apr 29, 2026 | Apr 29, 2026 | May 26, 2026 |
| $1.2332 Q | Regular | Dec 04, 2025 | Jan 30, 2026 | Jan 30, 2026 | Feb 26, 2026 |
| $1.1657 Q | Regular | Aug 26, 2025 | Oct 30, 2025 | Oct 30, 2025 | Nov 26, 2025 |
| $1.1798 Q | Regular | May 28, 2025 | Jul 30, 2025 | Jul 30, 2025 | Aug 26, 2025 |
| $1.1476 Q | Regular | Feb 25, 2025 | Apr 29, 2025 | Apr 29, 2025 | May 27, 2025 |
| $1.1035 Q | Regular | Dec 05, 2024 | Jan 30, 2025 | Jan 30, 2025 | Feb 26, 2025 |
| $1.1142 Q | Regular | Aug 27, 2024 | Oct 30, 2024 | Oct 30, 2024 | Nov 26, 2024 |
| $1.1192 Q | Regular | May 29, 2024 | Jul 30, 2024 | Jul 30, 2024 | Aug 27, 2024 |
| $1.1060 Q | Regular | Feb 27, 2024 | Apr 26, 2024 | Apr 29, 2024 | May 28, 2024 |
| $1.1230 Q | Regular | Dec 04, 2023 | Jan 29, 2024 | Jan 30, 2024 | Feb 27, 2024 |
| $1.0630 Q | Regular | Aug 29, 2023 | Oct 27, 2023 | Oct 30, 2023 | Nov 28, 2023 |
| $1.1130 Q | Regular | May 24, 2023 | Jul 27, 2023 | Jul 28, 2023 | Aug 28, 2023 |
| $1.0490 Q | Regular | Feb 28, 2023 | Apr 27, 2023 | Apr 28, 2023 | May 26, 2023 |
| $1.0548 Q | Regular | Dec 01, 2022 | Jan 27, 2023 | Jan 30, 2023 | Feb 28, 2023 |
| $1.0200 Q | Regular | Aug 30, 2022 | Oct 31, 2022 | Nov 01, 2022 | Nov 28, 2022 |
| $1.0860 Q | Regular | May 25, 2022 | Jul 29, 2022 | Aug 02, 2022 | Aug 26, 2022 |
| $1.0630 Q | Regular | Mar 01, 2022 | Apr 29, 2022 | May 02, 2022 | May 26, 2022 |
| $1.0520 Q | Regular | Dec 03, 2021 | Jan 31, 2022 | Feb 01, 2022 | Feb 28, 2022 |
| $0.8340 Q | Regular | Aug 24, 2021 | Oct 29, 2021 | Nov 01, 2021 | Nov 26, 2021 |
| $0.8782 Q | Regular | May 27, 2021 | Jul 30, 2021 | Aug 03, 2021 | Aug 26, 2021 |
| $0.8630 Q | Regular | Feb 24, 2021 | Apr 30, 2021 | May 03, 2021 | May 26, 2021 |
| $0.8270 Q | Regular | Dec 01, 2020 | Jan 29, 2021 | Feb 01, 2021 | Feb 26, 2021 |
| $0.7960 Q | Regular | Aug 25, 2020 | Oct 30, 2020 | Nov 02, 2020 | Nov 26, 2020 |
| $0.7913 Q | Regular | May 27, 2020 | Jul 31, 2020 | Aug 04, 2020 | Aug 26, 2020 |
| $0.7640 Q | Regular | Feb 25, 2020 | Apr 30, 2020 | May 01, 2020 | May 26, 2020 |
| $0.8020 Q | Regular | Dec 03, 2019 | Jan 31, 2020 | Feb 03, 2020 | Feb 26, 2020 |
| $0.7830 Q | Regular | Aug 27, 2019 | Oct 31, 2019 | Nov 01, 2019 | Nov 26, 2019 |
| $1.0300 Q | Regular | May 29, 2019 | Jul 31, 2019 | Aug 01, 2019 | Aug 27, 2019 |
| $0.7434 Q | Regular | Feb 26, 2019 | Apr 30, 2019 | May 01, 2019 | May 28, 2019 |
| $0.7614 Q | Regular | Dec 04, 2018 | Jan 31, 2019 | Feb 01, 2019 | Feb 26, 2019 |
| $0.7320 Q | Regular | Aug 28, 2018 | Oct 31, 2018 | Nov 01, 2018 | Nov 27, 2018 |
| $0.9600 Q | Regular | May 30, 2018 | Jul 31, 2018 | Aug 01, 2018 | Aug 28, 2018 |
| $0.7255 Q | Regular | Feb 27, 2018 | Apr 30, 2018 | May 01, 2018 | May 28, 2018 |
| $0.9300 Q | Regular | Dec 04, 2017 | Jan 31, 2018 | Feb 01, 2018 | Feb 27, 2018 |
| $0.7010 Q | Regular | Aug 29, 2017 | Oct 31, 2017 | Nov 01, 2017 | Nov 28, 2017 |
| $0.7170 Q | Regular | Jul 27, 2017 | Jul 28, 2017 | Aug 01, 2017 | Aug 28, 2017 |
| $0.6460 Q | Regular | Feb 28, 2017 | Apr 27, 2017 | May 01, 2017 | May 26, 2017 |
| $0.6690 Q | Regular | Dec 06, 2016 | Jan 30, 2017 | Feb 01, 2017 | Feb 28, 2017 |
| $0.6420 Q | Regular | Aug 23, 2016 | Oct 28, 2016 | Nov 01, 2016 | Nov 28, 2016 |
| $0.6520 Q | Regular | May 25, 2016 | Jul 27, 2016 | Aug 01, 2016 | Aug 26, 2016 |
| $0.6670 Q | Regular | Feb 23, 2016 | Apr 28, 2016 | May 02, 2016 | May 26, 2016 |
| $0.5960 Q | Regular | Dec 01, 2015 | Jan 28, 2016 | Feb 01, 2016 | Feb 26, 2016 |
| $0.6220 Q | Regular | Aug 26, 2015 | Oct 29, 2015 | Nov 02, 2015 | Nov 26, 2015 |
| $0.6350 Q | Regular | May 27, 2015 | Jul 29, 2015 | Aug 03, 2015 | Aug 26, 2015 |
| $0.8000 Q | Regular | Feb 24, 2015 | Apr 29, 2015 | May 01, 2015 | May 26, 2015 |
| $0.6380 Q | Regular | Dec 03, 2014 | Jan 29, 2015 | Feb 02, 2015 | Feb 26, 2015 |
| $0.7800 Q | Regular | Aug 26, 2014 | Oct 30, 2014 | Nov 03, 2014 | Nov 26, 2014 |
| $0.7800 Q | Regular | May 28, 2014 | Jul 30, 2014 | Aug 01, 2014 | Aug 26, 2014 |
| $0.6890 Q | Regular | Feb 25, 2014 | Apr 29, 2014 | May 01, 2014 | May 27, 2014 |
| $0.7600 Q | Regular | Dec 03, 2013 | Jan 30, 2014 | Feb 03, 2014 | Feb 26, 2014 |
| $0.7400 Q | Regular | Aug 27, 2013 | Oct 30, 2013 | Nov 01, 2013 | Nov 26, 2013 |
| $0.7400 Q | Regular | May 29, 2013 | Jul 30, 2013 | Aug 01, 2013 | Aug 27, 2013 |
| $0.7400 Q | Regular | Feb 26, 2013 | Apr 29, 2013 | May 01, 2013 | May 28, 2013 |
| $0.7200 Q | Regular | Dec 04, 2012 | Jan 30, 2013 | Feb 01, 2013 | Feb 26, 2013 |
| $0.7200 Q | Regular | Oct 31, 2012 | Oct 31, 2012 | Nov 01, 2012 | Nov 28, 2012 |
| $0.7000 Q | Regular | May 23, 2012 | Jul 30, 2012 | Aug 01, 2012 | Aug 28, 2012 |
| $0.7000 Q | Regular | Feb 29, 2012 | Apr 27, 2012 | May 01, 2012 | May 28, 2012 |
| $0.7000 Q | Regular | Dec 07, 2011 | Jan 30, 2012 | Feb 01, 2012 | Feb 28, 2012 |
| $0.7000 Q | Regular | Aug 24, 2011 | Oct 28, 2011 | Nov 01, 2011 | Nov 28, 2011 |
| $0.7000 Q | Regular | May 26, 2011 | Jul 29, 2011 | Aug 02, 2011 | Aug 26, 2011 |
| $0.7000 Q | Regular | Mar 04, 2011 | Apr 28, 2011 | May 02, 2011 | May 26, 2011 |
| $0.7000 Q | Regular | Dec 08, 2010 | Jan 28, 2011 | Feb 01, 2011 | Feb 28, 2011 |
| $0.7000 Q | Regular | Aug 25, 2010 | Oct 28, 2010 | Nov 01, 2010 | Nov 26, 2010 |
| $0.7000 Q | Regular | May 27, 2010 | Jul 29, 2010 | Aug 02, 2010 | Aug 26, 2010 |
| $0.7000 Q | Regular | Mar 02, 2010 | Apr 29, 2010 | May 03, 2010 | May 26, 2010 |
| $0.7000 Q | Regular | Nov 24, 2009 | Jan 28, 2010 | Feb 01, 2010 | Feb 26, 2010 |
| $0.7000 Q | Regular | Aug 25, 2009 | Nov 04, 2009 | Nov 06, 2009 | Nov 26, 2009 |
| $0.7000 Q | Regular | May 26, 2009 | Aug 05, 2009 | Aug 07, 2009 | Aug 27, 2009 |
| $0.7000 Q | Regular | Mar 03, 2009 | Apr 29, 2009 | May 01, 2009 | May 28, 2009 |
| $0.7000 Q | Regular | Nov 25, 2008 | Feb 04, 2009 | Feb 06, 2009 | Feb 26, 2009 |
| $0.5430 Q | Regular | Aug 26, 2008 | Oct 29, 2008 | Oct 31, 2008 | Nov 27, 2008 |
| $0.7000 Q | Regular | May 27, 2008 | Jul 30, 2008 | Aug 01, 2008 | Aug 28, 2008 |
| $0.7000 Q | Regular | Mar 04, 2008 | Apr 30, 2008 | May 02, 2008 | May 29, 2008 |
| $0.7000 Q | Regular | Nov 27, 2007 | Jan 30, 2008 | Feb 01, 2008 | Feb 28, 2008 |
| $0.7000 Q | Regular | Aug 28, 2007 | Oct 31, 2007 | Nov 02, 2007 | Nov 29, 2007 |
| $0.6400 Q | Regular | May 23, 2007 | Aug 01, 2007 | N/A | N/A |
| $0.6800 Q | Regular | Mar 01, 2007 | May 02, 2007 | May 04, 2007 | May 30, 2007 |
| $0.6500 Q | Regular | Nov 28, 2006 | Jan 31, 2007 | Feb 02, 2007 | Feb 27, 2007 |
| $0.5540 Q | Regular | Aug 22, 2006 | Nov 01, 2006 | N/A | N/A |
| $0.6200 Q | Regular | May 24, 2006 | Aug 02, 2006 | Aug 04, 2006 | Aug 30, 2006 |
| $0.5300 Q | Regular | Mar 01, 2006 | May 03, 2006 | May 05, 2006 | May 30, 2006 |
| $0.4260 Q | Regular | Nov 29, 2005 | Feb 01, 2006 | N/A | N/A |
| $0.4900 Q | Regular | Aug 23, 2005 | Nov 02, 2005 | Nov 04, 2005 | Nov 29, 2005 |
| $0.4600 Q | Regular | May 25, 2005 | Aug 03, 2005 | Aug 05, 2005 | Aug 30, 2005 |
| $0.4600 Q | Regular | Feb 22, 2005 | May 04, 2005 | May 06, 2005 | May 30, 2005 |
| $0.4400 Q | Regular | Nov 23, 2004 | Feb 02, 2005 | Feb 04, 2005 | Feb 25, 2005 |
| $0.4400 Q | Regular | Aug 24, 2004 | Nov 03, 2004 | Nov 05, 2004 | Nov 29, 2004 |
| $0.4000 Q | Regular | May 26, 2004 | Aug 04, 2004 | Aug 06, 2004 | Aug 30, 2004 |
| $0.4000 Q | Regular | Feb 24, 2004 | May 05, 2004 | May 07, 2004 | May 28, 2004 |
| $0.3500 Q | Regular | Nov 25, 2003 | Feb 04, 2004 | Feb 06, 2004 | Feb 26, 2004 |
| $0.3500 Q | Regular | Aug 26, 2003 | Nov 07, 2003 | Nov 12, 2003 | Nov 27, 2003 |
| $0.3300 Q | Regular | Jul 22, 2003 | Aug 04, 2003 | Aug 06, 2003 | Aug 28, 2003 |
| $0.3300 Q | Regular | Apr 22, 2003 | May 05, 2003 | May 07, 2003 | May 29, 2003 |
| $0.3300 Q | Regular | Jan 28, 2003 | Feb 10, 2003 | Feb 12, 2003 | Feb 27, 2003 |
| $0.3000 Q | Regular | Oct 22, 2002 | Oct 30, 2002 | Nov 01, 2002 | Nov 28, 2002 |
| $0.3000 Q | Regular | Jul 24, 2002 | Jul 31, 2002 | Aug 02, 2002 | Aug 29, 2002 |
| $0.3000 Q | Regular | May 01, 2002 | May 01, 2002 | N/A | N/A |
| $0.3000 Q | Regular | Jan 22, 2002 | Jan 30, 2002 | Feb 01, 2002 | Feb 27, 2002 |
| $0.2800 Q | Regular | Oct 23, 2001 | Oct 31, 2001 | Nov 02, 2001 | Nov 29, 2001 |
| $0.2800 Q | Regular | Jul 24, 2001 | Aug 01, 2001 | N/A | N/A |
| $0.2800 Q | Regular | Apr 24, 2001 | May 02, 2001 | May 04, 2001 | May 30, 2001 |
| $0.5600 Q | Regular | Jan 23, 2001 | Jan 31, 2001 | Feb 02, 2001 | Feb 27, 2001 |
| $0.5000 Q | Regular | Oct 24, 2000 | Nov 01, 2000 | N/A | N/A |
| $0.5000 Q | Regular | Jul 25, 2000 | Aug 02, 2000 | Aug 04, 2000 | Aug 30, 2000 |
| $0.5000 Q | Regular | Apr 25, 2000 | May 03, 2000 | May 05, 2000 | May 30, 2000 |
| $0.5000 Q | Regular | Jan 25, 2000 | Feb 02, 2000 | Feb 04, 2000 | Feb 28, 2000 |
| $0.4700 Q | Regular | Oct 27, 1999 | Nov 03, 1999 | Nov 05, 1999 | Nov 29, 1999 |
| $0.4700 Q | Regular | Jul 27, 1999 | Aug 04, 1999 | Aug 06, 1999 | Aug 30, 1999 |
| $0.4700 Q | Regular | Apr 27, 1999 | May 05, 1999 | May 07, 1999 | May 28, 1999 |
| $0.4700 Q | Regular | Jan 26, 1999 | Feb 03, 1999 | Feb 05, 1999 | Feb 25, 1999 |
| $0.4400 Q | Regular | Oct 27, 1998 | Nov 04, 1998 | Nov 06, 1998 | Nov 27, 1998 |
| $0.4400 Q | Regular | Jul 28, 1998 | Aug 05, 1998 | Aug 07, 1998 | Aug 28, 1998 |
| $0.4400 Q | Regular | Apr 28, 1998 | May 06, 1998 | May 08, 1998 | May 28, 1998 |
| $0.4400 Q | Regular | Jan 28, 1998 | Feb 04, 1998 | Feb 06, 1998 | Feb 26, 1998 |
| $0.4400 Q | Regular | Oct 28, 1997 | Nov 05, 1997 | Nov 07, 1997 | Nov 27, 1997 |
| $0.4000 Q | Regular | Jul 21, 1997 | Aug 05, 1997 | Aug 07, 1997 | Aug 28, 1997 |
| $0.4000 Q | Regular | Apr 22, 1997 | May 05, 1997 | May 07, 1997 | May 29, 1997 |
| $0.4000 Q | Regular | Jan 20, 1997 | Feb 05, 1997 | Feb 07, 1997 | Feb 27, 1997 |
Peer Comparison
Selected Banks - Diversified dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| BAC | Bank of America Corporation | 2.50% | 8.4% | 12 yrs | 81 |
| USB | U.S. Bancorp | 3.56% | 4.0% | 15 yrs | 75 |
| RY | Royal Bank of Canada | 2.44% | 6.3% | 10 yrs | 72 |
| CM | Canadian Imperial Bank of Commerce | 2.54% | 5.7% | 7 yrs | 70 |
Related Guides & Lists
BMO dividend — frequently asked questions
Does Bank of Montreal pay a dividend?
Yes. Bank of Montreal (BMO) currently pays a dividend. The annualized dividend is about $4.89 per share, a yield of approximately 2.78%.
What is Bank of Montreal's dividend yield?
Bank of Montreal's dividend yield is approximately 2.78%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Bank of Montreal pay dividends?
Bank of Montreal pays dividends quarterly — 4 times per year.
How long has Bank of Montreal paid dividends?
Bank of Montreal has 32 years of dividend payments on record, and has increased its dividend for 5 consecutive years.
Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.