Bank of Montreal (HAM:BZZ) Dividend Payout Ratio: 0.46 (As of Apr. 2026) — Near Median


HAM:BZZ Bank of Montreal HAM:BZZ
52 GF Score
Price €152.36
GF Value €98.77
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Bank of Montreal Dividend Payout Ratio?

Bank of Montreal HAM:BZZ -2.31% 52 Dividend Payout Ratio is 0.46 as of Apr. 2026, which is 5% above its 10-year median of 0.44. GuruFocus rates HAM:BZZ with a GF Score™ of 52/100 and a GF Value™ of €98.77 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,175 Banks companies, Bank of Montreal ranks worse than 74.89% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Bank of Montreal's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.46.

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

HAM:BZZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.44   Max: 0.63
Current: 0.12

During the past 13 years, the highest Dividend Payout Ratio of Bank of Montreal was 0.63. The lowest was 0.12. And the median was 0.44.

HAM:BZZ's Dividend Payout Ratio is ranked worse than
74.89% of 1175 companies
in the Banks industry
Industry Median: 0.32 vs HAM:BZZ: 0.12

As of today (2026-07-05), the Dividend Yield % of Bank of Montreal is 0.68%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bank of Montreal was 6.70%. The lowest was 0.68%. And the median was 3.95%.

Bank of Montreal's Dividends per Share for the months ended in Apr. 2026 was €1.04.

During the past 12 months, Bank of Montreal's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.60% 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 0.00% per year. And the median was 7.40% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Bank of Montreal (HAM:BZZ) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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

Bank of Montreal Dividend Payout Ratio Historical Data

* Premium members only.

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.

Bank of Montreal Dividend Payout Ratio Chart

Bank of Montreal Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bank of Montreal Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.46

HAM:BZZ vs JPM, BAC, WFC: Dividend Payout Ratio 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 vs Banks Industry

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.


HAM:BZZ
52GF Score
Bank of Montreal HAM:BZZ
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of Montreal Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Bank of Montreal's Dividend Payout Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Oct. 2025 )/ EPS without NRI (A: Oct. 2025 )
=0/ 7.467
=0.00

Bank of Montreal's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=1.038/ 2.281
=0.46

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.46 mean?
Bank of Montreal (HAM:BZZ) has a Dividend Payout Ratio of 0.46 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bank of Montreal and its competitors. This is near median its historical median of 0.44. Over the past decade, Bank of Montreal's Dividend Payout Ratio has ranged from 0.12 to 0.63. According to the industry distribution chart, Bank of Montreal ranks #880 out of 1175 companies in the Banks industry, placing it in the top 74.9%.
Is Bank of Montreal's Dividend Payout Ratio too high?
Bank of Montreal's current Dividend Payout Ratio of 0.46 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.63. The Banks industry median Dividend Payout Ratio is 0.32. Bank of Montreal's value of 0.46 is 43.8% above this industry median. Based on the distribution chart, Bank of Montreal ranks #880 out of 1175 companies in the Banks industry, which is below the industry midpoint. Overall, Bank of Montreal has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Montreal's Dividend Payout Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Montreal ranks #880 out of 1175 companies for Dividend Payout Ratio. This places Bank of Montreal in the lower half of its industry. The industry median Dividend Payout Ratio is 0.32. Bank of Montreal's value of 0.46 is 43.8% above this benchmark. Historically, Bank of Montreal's own Dividend Payout Ratio has ranged from 0.12 to 0.63 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.32, Bank of Montreal has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,175 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Montreal's current Dividend Payout Ratio of 0.46 is 43.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bank of Montreal and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Montreal's current Dividend Payout Ratio is 0.46, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Montreal stock overvalued right now?
Based on GuruFocus' analysis, Bank of Montreal (HAM:BZZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €98.77, compared to a current price of €152.36 — trading 54.3% above its estimated fair value. The current Dividend Payout Ratio is 0.46, which is near median its 10-year median of 0.44 and 43.8% above the Banks industry median of 0.32. Bank of Montreal's overall GF Score™ is 52/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Bank of Montreal (HAM:BZZ), the current Dividend Payout Ratio is 0.46 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bank of Montreal (HAM:BZZ) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Montreal stock appears to be overvalued. The current stock price of €152.36 is trading 54.3% above its estimated GF Value™ of €98.77. GuruFocus considers Bank of Montreal to be Significantly Overvalued.

Key valuation signals for HAM:BZZ:

  • Dividend Payout Ratio: 0.46 (near median its 10-year median of 0.44)
  • GF Value™: €98.77 vs. price of €152.36 (54.3% above fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 43.8% above the Banks median (#880 of 1175)

No single metric tells the full story. See the HAM:BZZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

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 with over CAD 1.47 trillion in assets by the end of fiscal 2025. BMO operates four business segments: Canadian personal and commercial banking, US personal and commercial banking, wealth management, and capital markets. About 60% of BMO's earnings are generated in Canada and 40% in the US.
52GF Score

Get the complete analysis for HAM:BZZ

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€152.36
Price
€98.77
GF Value