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Bank of Montreal (BMO.TO) raised its dividend to CA$1.71

By Wealth Awesome -

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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 has raised its dividend payment.

The Bank of Montreal (BMO.TO) announced an increase in its quarterly dividend from CA$1.67 to CA$1.71 per share. This change shows the bank's commitment to providing value to its shareholders.

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Bank of Montreal

BMO.TO

Full stock page →

BMO.TO

Bank of Montreal

Source:WealthAwesomeWealthAwesome
$54.02 (27.52%)
120 day period
$183.03$220.39$257.76Feb 9May 6Jul 30

Market cap

$175.32B

P/E

19.2x

Div. yield

2.69%

Div. / share

$6.60

52W high

$256.42

52W low

$146.13

1W change

+0.55%

Beta

1.15

Analyst Price Targets

Based on analyst covering BMO

📉

Wall Street analysts forecast BMO stock price to fall 7.5% over the next 12 months.

Consensus

Moderately Bearish

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

Avg. Target

C$231.54

-7.5% Upside

Current Price

C$250.31

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

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

HistoricalForecast68%95%
C$177.54C$220.73C$263.91C$307.10C$350.28C$393.47TodayMar 24May 28Jul 30Sep 11Oct 25Dec 7

30-Day Vol

20.4%

Annualized

90-Day Vol

19.0%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$299.25

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$265.66C$247.58C$285.06
60 trading daysC$281.96C$255.20C$311.51
90 trading daysC$299.25C$264.86C$338.11

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.

Investor takeaway: If you own shares in the Bank of Montreal, this dividend increase could improve your overall return on investment, especially if you’re using registered accounts like a TFSA or RRSP, where dividends can grow tax-free.

New Dividend Amount vs. Prior Payment

The new dividend is CA$1.71, up from CA$1.67, highlighting the bank's dedication to its shareholders.

Dividend Details

The Bank of Montreal has officially raised its quarterly dividend to CA$1.71, which will take effect for the next payment. This increase from CA$1.67 shows the bank's focus on enhancing shareholder value. The ex-dividend date is July 30, 2026, and the payment will be made on August 26, 2026.

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Historical Context

This dividend increase is part of a consistent trend for the Bank of Montreal, which has made 11 payments over about 2.8 years, including six increases. The bank's market capitalization is around CA$175.32 billion, with a trailing yield of 2.69%. This history of dividend payments reflects the bank's stable financial performance and its commitment to returning profits to shareholders.


Dividend calendar

TickerBMO.TO
AmountCA$1.71
Ex-dividend2026-07-30
Record2026-07-30
Payment2026-08-26
Declared2026-05-27
Trailing yield2.69%
Stock pageBMO.TO dividend history

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Wealth Awesome
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Wealth Awesome

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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.

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⚠️ 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: July 31, 2026
Last Updated: July 31, 2026

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