BMO Financial Group Announces Quarterly Dividend for Shareholders

BMO Financial Group Declares Dividends

The Bank of Montreal, known as BMO Financial Group, has officially announced its quarterly dividend, reaffirming its commitment to rewarding shareholders. This declaration not only reflects the bank’s robust financial health but also provides a stable return for its investors. On February 25, 2026, the Board of Directors of BMO confirmed a regular dividend of $1.67 per common share for the second quarter of the fiscal year 2026. This amount remains unchanged from the previous quarter, indicating a consistent approach to shareholder returns.

In addition to the common share dividends, BMO has also announced dividends for its Class B Preferred Shares. Specifically, the bank declared $0.426 per share for Class B Preferred Shares Series 44, $36.865 per share for Class B Preferred Shares Series 50, and $35.285 per share for Class B Preferred Shares Series 52. Both classes of preferred shares hold critical importance in providing alternative investment streams for those interested in secure returns.

The common share dividend is set to be paid on May 26, 2026, to shareholders who are on record as of April 29, 2026. Similarly, the dividends for Class B Preferred Shares Series 44 will be paid the day before, on May 25, 2026, with the same record date applying. This strategic timing ensures that shareholders receive timely information for financial planning and investment decisions.

Moreover, the dividends on these common and preferred shares are designated as eligible dividends as per the Income Tax Act of Canada and related provincial and territorial regulations. This designation significantly benefits shareholders, as it provides favorable tax treatment under Canadian law.

For those interested in maximizing their investments, common shareholders have the option to reinvest their cash dividends into additional shares of the Bank. BMO offers a Shareholder Dividend Reinvestment and Share Purchase Plan. This plan allows shareholders to purchase more common shares at current market prices without any discount, enhancing their ownership stake in BMO. Interested parties must submit their enrollment forms to Computershare Trust Company of Canada, the bank’s transfer agent, by May 1, 2026, to participate.

It is important to note that the Class B Preferred Shares Series 50 and Series 52 are currently not listed on any stock exchange, which may deter some investors seeking liquidity and visibility in their investments. Nevertheless, these securities offer a stable yield for those willing to hold through their respective terms.

BMO Financial Group continues to prioritize delivering value to its shareholders, and the consistent dividend declarations emphasize its ongoing commitment to shareholder returns. As markets evolve and economic conditions change, BMO appears focused on maintaining its supportive stance for investors through these strategic financial initiatives. Investors and analysts alike will be watching closely to see how the bank adjusts its policies in response to market trends in the coming quarters.

This announcement solidifies BMO’s place in the market as not only a robust financial entity but also as an institution dedicated to its investors. For further details on participating in the dividend reinvestment plan or any specific queries related to BMO’s financial performance, shareholders are encouraged to visit BMO's official website or contact their financial institutions directly.

Overall, with the dividends provided and the continued stability seen from BMO Financial Group, the outlook for shareholders remains optimistic, grounded in the bank's history of effective financial management and commitment to shareholder value.