Bank of Montreal (BMO) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $4.83
- Forward yield
- 2.91%
- Payout ratio
- 46.4%
- Growth streak
- 5 years
Bank of Montreal pays a quarterly dividend. Its latest paid amount was $1.24 per share, with an ex-date of July 30, 2026, paid on August 26, 2026. Over the trailing twelve months, it paid $4.83 per share, a yield of about 2.91% at a share price of $166.17. A further payment of $1.71 has been declared, with an ex-date of October 30, 2026 and payment on November 26, 2026.
The declared $1.71 is unusually large, about 38% above the August payment. Before it, amounts varied within a narrow band: $1.04 to $1.08 in 2022, $1.05 to $1.08 in 2023, $1.12 to $1.15 in 2024, $1.11 to $1.18 in 2025 and $1.20 to $1.24 so far in 2026. Payments by calendar year were $4.23 in 2022, $4.28 in 2023, $4.52 in 2024 and $4.60 in 2025, about 9% higher over that span. The source counts a growth streak of five years.
Ex-dates have fallen at the end of January, April, July and October, with payment near the 26th of the following month. If the pattern holds, the payment after the declared one would go ex-dividend in late January 2027 and be paid in late February.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 25, 2026 | Oct 30, 2026 | Nov 26, 2026 | $1.71 |
| May 27, 2026 | Jul 30, 2026 | Aug 26, 2026 | $1.24 |
| Feb 25, 2026 | Apr 29, 2026 | May 26, 2026 | $1.22 |
| Dec 4, 2025 | Jan 30, 2026 | Feb 26, 2026 | $1.20 |
| Aug 26, 2025 | Oct 30, 2025 | Nov 26, 2025 | $1.18 |
| May 28, 2025 | Jul 30, 2025 | Aug 26, 2025 | $1.18 |
| Feb 25, 2025 | Apr 29, 2025 | May 27, 2025 | $1.11 |
| Dec 5, 2024 | Jan 30, 2025 | Feb 26, 2025 | $1.13 |
| Aug 27, 2024 | Oct 30, 2024 | Nov 26, 2024 | $1.15 |
| May 29, 2024 | Jul 30, 2024 | Aug 27, 2024 | $1.13 |
| Feb 27, 2024 | Apr 26, 2024 | May 28, 2024 | $1.12 |
| Dec 1, 2023 | Jan 29, 2024 | Feb 27, 2024 | $1.12 |
| Aug 29, 2023 | Oct 27, 2023 | Nov 28, 2023 | $1.08 |
| May 24, 2023 | Jul 27, 2023 | Aug 28, 2023 | $1.08 |
| Feb 28, 2023 | Apr 27, 2023 | May 26, 2023 | $1.05 |
| Dec 1, 2022 | Jan 27, 2023 | Feb 28, 2023 | $1.07 |
| Aug 30, 2022 | Oct 31, 2022 | Nov 28, 2022 | $1.06 |
| May 25, 2022 | Aug 1, 2022 | Aug 26, 2022 | $1.08 |
| Mar 1, 2022 | Apr 29, 2022 | May 26, 2022 | $1.05 |
| Dec 3, 2021 | Jan 31, 2022 | Feb 28, 2022 | $1.04 |
Frequently asked questions
Does Bank of Montreal (BMO) pay a dividend?
Yes. Bank of Montreal pays a quarterly dividend; the most recent payment was $1.71 per share.
What is BMO's dividend yield?
Bank of Montreal paid $4.83 per share over the trailing twelve months, a yield of 2.91% at the last price of $166.05. Click here to learn more
When is BMO's next ex-dividend date?
Bank of Montreal's next ex-dividend date is Oct 30, 2026, payable on Nov 26, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has BMO been raising its dividend?
Yes — Bank of Montreal has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.