#Canada #Toronto #dividends #BMO Financial Group #Shareholder Engagement

BMO Financial Group Declares Quarterly Dividends

The Bank of Montreal, listed on both the TSX and NYSE under the ticker symbol BMO, has recently made headlines by announcing its latest quarterly dividend. This decision stems from a meeting of the Board of Directors, which declared a dividend amounting to $1.71 per share on the paid-up common shares for the fourth quarter of its fiscal year 2026. Notably, this figure remains consistent with the previous quarter's dividend amount, reflecting the bank's stable approach toward shareholder returns during a fluctuating economic environment.

In addition to the common shares, the bank also revealed dividend distributions for its Class B Preferred Shares. Specifically, it will distribute:

• - $0.426 per share for the Class B Preferred Shares Series 44,
• - $36.865 per share for the Class B Preferred Shares Series 50, and
• - $35.285 per share for the Class B Preferred Shares Series 52.

The dividend on common shares is set to be payable on November 26, 2026, for shareholders who are on record by October 30, 2026. Meanwhile, dividends for Class B Preferred Shares Series 44 will be payable on November 25, 2026 under similar record conditions as those for common shares. For Series 50 and Series 52, the dividend is likewise scheduled for the same date as the common shares.

These dividends are classified as “eligible” dividends according to the Income Tax Act of Canada and applicable provincial laws. This designation benefits shareholders by potentially lowering their tax burdens, a strategic advantage that BMO continues to facilitate.

An interesting option for common shareholders is the Shareholder Dividend Reinvestment and Share Purchase Plan. This plan allows eligible investors to reinvest their cash dividends directly into purchasing additional common shares of the bank. These additional shares will be procured on the open market without any discounts until further notice, a move that aligns with BMO's commitment to enhancing shareholder value.

For shareholders looking to enroll in this plan, it is crucial to ensure that the completed Enrolment Forms reach the bank's transfer agent, Computershare Trust Company of Canada, by the end of business on November 3, 2026. Non-registered holders, or those holding shares via financial institutions or brokers, are advised to reach out well in advance of the mentioned deadline to gather the necessary enrollment instructions.

More extensive details regarding the Dividend Reinvestment Plan, including how to sign up, can be accessed through the official BMO website at BMO Investor Relations.

It’s notable that the Class B Preferred Shares Series 50 and Series 52 are not listed on any stock exchanges, highlighting a unique aspect of BMO’s financial offerings. Such decisions reflect a strategic effort to provide flexibility and options for investors looking to benefit from different types of stock.

In closing, these recent announcements by BMO Financial Group underscore the bank’s commitment to maintain a shareholder-friendly environment while navigating the complexities of the financial market. With dividends holding steady, BMO continues to demonstrate stability and provides an attractive investment for current and prospective shareholders alike.

For any inquiries related to media or investor relations, John Fenton and Bill Anderson can be contacted directly through listed channels.

This strategic dividend declaration not only reflects the bank’s robust financial health but also its thoughtful approach towards ensuring shareholder satisfaction and engagement, standing as a cornerstone for their overarching business philosophy moving forward.