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Bank of Montreal (NYSE:BMO)
Dividend Payout Ratio
0.48 (As of Oct. 2014)

Bank of Montreal's dividend payout ratio for the three months ended in Oct. 2014 was 0.48.

BMO' s 10-Year Dividend Payout Ratio Range
Min: 0.1   Max: 0.91
Current: 0.47

0.1
0.91

During the past 13 years, the highest Dividend Payout Ratio of Bank of Montreal was 0.91. The lowest was 0.10. And the median was 0.45.

BMO's Dividend Payout Ratiois ranked higher than
68% of the 2636 Companies
in the Global Banks - Global industry.

( Industry Median: 0.61 vs. BMO: 0.47 )

As of Today, the Trailing Annual Dividend Yield of Bank of Montreal is 4.02%.

Warning Sign:

Bank of Montreal stock dividend yield is close to 5-year low.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bank of Montreal was 11.35%. The lowest was 2.33%. And the median was 4.48%.

Bank of Montreal's Dividends Per Share for the three months ended in Oct. 2014 was $0.70.

During the past 12 months, Bank of Montreal's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bank of Montreal was 72.20% per year. The lowest was 0.00% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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


Definition

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. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Oct. 2014 )/Earnings per Share (A: Oct. 2014 )
=2.74705672494/5.71708883339
=0.48

Bank of Montreal's Dividend Payout Ratio for the quarter that ended in Oct. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Oct. 2014 )/Earnings per Share (Q: Oct. 2014 )
=0.695683196575/1.4475561898
=0.48

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bank of Montreal Annual Data

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
payout 0.400.440.660.750.910.590.580.460.470.48

Bank of Montreal Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
payout 0.490.440.480.530.450.460.480.480.470.48
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