Bank of Montreal (Bank of Montreal) Dividend Payout Ratio

: 0.59 (As of Jan. 2024)

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Bank of Montreal's dividend payout ratio for the months ended in Jan. 2024 was 0.59.

The historical rank and industry rank for Bank of Montreal's Dividend Payout Ratio or its related term are showing as below:

BMO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.44 Max: 0.55
Current: 0.53

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.

BMO's Dividend Payout Ratio is ranked worse than
77.85% of 1097 companies
in the Banks industry
Industry Median: 0.33 vs BMO: 0.53

As of today (2024-04-16), the Dividend Yield % of Bank of Montreal is 4.69%.

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

Bank of Montreal's Dividends per Share for the months ended in Jan. 2024 was $1.13.

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.

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.

The growth rate is calculated with least square regression.

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

Bank of Montreal Dividend Payout Ratio Historical Data

The historical data trend for Bank of Montreal's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Bank of Montreal Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

0.43

0.55

0.33

0.41

0.49

Bank of Montreal Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.47	0.49	0.53	0.53	0.59

Competitive Comparison

For the Banks - Diversified subindustry, Bank of Montreal's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, Bank of Montreal's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Bank of Montreal's Dividend Payout Ratio falls into.

Bank of Montreal Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Bank of Montreal's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	4.23	/	8.555
	=	0.49

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

Bank of Montreal (NYSE:BMO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Bank of Montreal Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Bank of Montreal's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank of Montreal (Bank of Montreal) Business Description

Industry

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Traded in Other Exchanges

BZZ:Germany BZZ:Germany BMO.PR.F.PFD:Canada BMO.PR.E.PFD:Canada BMO.PR.Y.PFD:Canada BMO.PR.W.PFD:Canada BMO.PR.T.PFD:Canada BMO.PR.S.PFD:Canada BMO:Canada

Address

129 rue Saint-Jacques, Montreal, QC, CAN, H2Y 1L6

Website

https://www.bmo.com

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