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Bank of Montreal (TSX:BMO.PR.Z.PFD) Forward Dividend Yield %

: 4.81% (As of Today)
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As of today (2024-04-16), the Forward Annual Dividend Yield of Bank of Montreal is 4.81%.

As of today (2024-04-16), the Trailing Annual Dividend Yield of Bank of Montreal is 4.81%.

TSX:BMO.PR.Z.PFD's Forward Dividend Yield % is ranked better than
59.23% of 1175 companies
in the Banks industry
Industry Median: 4.12 vs TSX:BMO.PR.Z.PFD: 4.81

Bank of Montreal's Dividends per Share for the three months ended in Jan. 2024 was C$0.00.

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.

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.


Competitive Comparison

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

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

* The bar in red indicates where Bank of Montreal's Forward Dividend Yield % falls into.



Bank of Montreal Forward Dividend Yield % Calculation

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


Bank of Montreal  (TSX:BMO.PR.Z.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Bank of Montreal Forward Dividend Yield % Related Terms

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Bank of Montreal (TSX:BMO.PR.Z.PFD) 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.

Bank of Montreal (TSX:BMO.PR.Z.PFD) Headlines

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