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Investing

Bank of Montreal (BMO.TO) has raised its dividend 6 times on record

By Wealth Awesome -

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Stocks & ETFs:BMO.TO

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Dividend history

Bank of Montreal

BMO.TO

Full quote →
$0.000$0.855$1.712023-10-27: $1.47002024-01-29: $1.51002024-04-26: $1.51002024-07-30: $1.55002024-10-30: $1.55002025-01-30: $1.59002025-04-29: $1.59002025-07-30: $1.63002025-10-30: $1.63002026-01-30: $1.67002026-07-30: $1.7100Oct 23Jan 25Jul 26

Recent payments

$1.7100CAD

Ex: Jul 30, 2026

Pay: Aug 26

Quarterly

$1.6700CAD

Ex: Jan 30, 2026

Pay: Feb 26

$1.6300CAD

Ex: Oct 30, 2025

Pay: Nov 26

$1.6300CAD

Ex: Jul 30, 2025

Pay: Aug 26

Quarterly

$1.5900CAD

Ex: Apr 29, 2025

Pay: May 27

Quarterly

$1.5900CAD

Ex: Jan 30, 2025

Pay: Feb 26

Quarterly

$1.5500CAD

Ex: Oct 30, 2024

Pay: Nov 26

Quarterly

$1.5500CAD

Ex: Jul 30, 2024

Pay: Aug 27

Quarterly

$1.5100CAD

Ex: Apr 26, 2024

Pay: May 28

Quarterly

$1.5100CAD

Ex: Jan 29, 2024

Pay: Feb 27

Quarterly

The Bank of Montreal (BMO.TO) is dedicated to providing value to its shareholders through regular dividend increases.

BMO has a solid track record of dividend payments, having raised its dividend six times in the last 2.8 years. This consistent approach shows the bank's financial stability and commitment to its investors.

Investor takeaway: If you're looking for reliable income from your investments, BMO's dividend history could be appealing, especially if you’re using registered accounts like a TFSA or RRSP.

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Bank of Montreal

BMO.TO

Full stock page →

BMO.TO

Bank of Montreal

Source:WealthAwesomeWealthAwesome
↑ $35.09 (17.41%)
120 day period
$201.54$229.71$257.88Apr 13Jul 8Oct 1

Market cap

$164.48B

P/E

19.3x

Div. yield

2.81%

Div. / share

$6.68

52W high

$259.20

52W low

$164.94

1W change

-2.25%

Beta

1.13

Analyst Price Targets

Based on analyst covering BMO · as of Sep 25, 2026

📈

Wall Street analysts forecast BMO stock price to rise 7.8% over the next 12 months.

Consensus

Moderately Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$255.07

+7.8% Upside

Previously C$254.57 on Sep 17, 2026

Current Price

C$236.63

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on BMO's historical volatility

HistoricalForecast68%95%
C$170.19C$189.79C$209.39C$228.98C$248.58C$268.18TodayMay 26Jul 29Oct 1Nov 13Dec 27Feb 8

30-Day Vol

16.5%

Annualized

90-Day Vol

18.6%

Annualized

Trend (90d)

-28.5%

Annualized drift

90d Mean

C$213.74

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$228.74C$216.07 – C$242.15
60 trading daysC$221.11C$203.99 – C$239.66
90 trading daysC$213.74C$193.65 – C$235.90

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

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6 Dividend Raises in 2.8 Years

BMO has increased its dividend six times over approximately 2.8 years, demonstrating its commitment to returning value to shareholders.

Dividend Payment Details

BMO's current quarterly dividend is CA$1.71 CAD, up from CA$1.67 CAD. The last ex-dividend date was July 30, 2026, with payments scheduled for August 26, 2026. This increase continues a trend of raising dividends, with six increases since the start of its current payment history.

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Consistent Dividend Growth

In the past 2.8 years, BMO has made 11 dividend payments, showing a strong commitment to returning capital to shareholders. The six increases during this time reflect the bank's solid financial health and its strategy to consistently enhance shareholder value.

Dividend calendar

TickerBMO.TO
AmountCA$1.71
Ex-dividend2026-07-30
Record2026-07-30
Payment2026-08-26
Declared2026-05-27
Trailing yield2.72%
Stock pageBMO.TO dividend history

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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 21, 2026
Last Updated: September 22, 2026

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