- BMO Financial Group (BMO, Financial) increases quarterly dividend by 3% to $1.63 per share.
- Year-over-year dividend growth stands at 5%.
- Dividend payable on August 26, 2025, with a record date of July 30, 2025.
BMO Financial Group (BMO) has announced an increase in its quarterly dividend for the third quarter of fiscal year 2025. The new dividend will be $1.63 per share, marking a 4-cent, or 3%, increase from the previous quarter, and a 5% rise from the same period last year. The dividend is scheduled to be paid on August 26, 2025, to shareholders who are on record as of July 30, 2025.
BMO has also declared dividends for its preferred shares, with $0.190875 per share for Series 33 and $0.426 per share for Series 44, both due on August 25, 2025. Shareholders can take advantage of BMO's Dividend Reinvestment and Share Purchase Plan, which allows them to reinvest cash dividends into common shares. These purchases will be made on the open market without any discount.
For shareholders interested in the Dividend Reinvestment Plan, enrollment forms must be submitted to the Bank's transfer agent, Computershare Trust Company of Canada, by the close of business on August 1, 2025. Beneficial or non-registered shareholders are advised to contact their financial institutions or brokers well in advance for enrollment instructions.
