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Bank of Montreal (Bank of Montreal) 3-Year Dividend Growth Rate

: 11.00% (As of Jan. 2024)
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Bank of Montreal's Dividends per Share for the three months ended in Jan. 2024 was $1.13.

The historical rank and industry rank for Bank of Montreal's 3-Year Dividend Growth Rate or its related term are showing as below:

BMO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.2   Med: 7.85   Max: 19.5
Current: 11

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of Montreal was 19.50% per year. The lowest was 0.20% per year. And the median was 7.85% per year.

BMO's 3-Year Dividend Growth Rate is ranked better than
62.28% of 782 companies
in the Banks industry
Industry Median: 7.55 vs BMO: 11.00

During the past 12 months, Bank of Montreal's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Bank of Montreal's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.59. As of today, Bank of Montreal's Dividend Yield % is 4.68%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Diversified subindustry, Bank of Montreal's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Montreal 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Bank of Montreal's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Bank of Montreal's 3-Year Dividend Growth Rate falls into.



Bank of Montreal 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Bank of Montreal  (NYSE:BMO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Bank of Montreal's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=1.125/ 1.907
=0.59

During the past 13 years, the highest Dividend Payout Ratio of Bank of Montreal was 0.55. The lowest was 0.33. And the median was 0.44.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Bank of Montreal Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 1.5102024-01-292024-01-302024-02-27Cash DividendquarterlyCAD:USD 0.747161
CAD 1.4702023-10-272023-10-302023-11-28Cash DividendquarterlyCAD:USD 0.720565
CAD 1.4702023-07-272023-07-282023-08-28Cash DividendquarterlyCAD:USD 0.759878
CAD 1.4302023-04-272023-04-282023-05-26Cash DividendquarterlyCAD:USD 0.738509

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Bank of Montreal's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.36053219/92.14
=4.73 %

Current Share Price is $92.14.
Bank of Montreal's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.36053219.

During the past 13 years, the highest Dividend Yield of Bank of Montreal was 6.70%. The lowest was 2.86%. And the median was 4.01%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bank of Montreal 3-Year Dividend Growth Rate Related Terms>


Bank of Montreal (Bank of Montreal) Business Description

Address
129 rue Saint-Jacques, Montreal, QC, CAN, H2Y 1L6
Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.
Executives
Vinita Lee Piper director 712 WILCREST, SUITE 3020, HOUSTON TX 77042