Dividend history
Bank of Montreal
BMO.TO
Recent payments
$1.7100CAD
Ex: Jul 30, 2026
Pay: Aug 26
$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
$1.5900CAD
Ex: Apr 29, 2025
Pay: May 27
$1.5900CAD
Ex: Jan 30, 2025
Pay: Feb 26
$1.5500CAD
Ex: Oct 30, 2024
Pay: Nov 26
$1.5500CAD
Ex: Jul 30, 2024
Pay: Aug 27
$1.5100CAD
Ex: Apr 26, 2024
Pay: May 28
$1.5100CAD
Ex: Jan 29, 2024
Pay: Feb 27
The Bank of Montreal has raised its quarterly dividend payment.
On August 19, 2026, the Bank of Montreal (BMO.TO) announced an increase to CA$1.71 per share, up from CA$1.67. This CA$0.04 increase shows the bank's commitment to providing value to its shareholders.
Investor takeaway: This dividend increase highlights the Bank of Montreal's strong financial position and its ability to generate consistent earnings. Investors holding shares in registered accounts like TFSA or RRSP will enjoy this increase without immediate tax implications.
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Bank of Montreal
BMO.TO
BMO.TO
Bank of Montreal
WealthAwesomeMarket cap
$169.94B
P/E
18.6x
Div. yield
2.60%
Div. / share
$6.60
52W high
$259.20
52W low
$150.84
1W change
-5.18%
Beta
1.15
Analyst Price Targets
Based on analyst covering BMO
Wall Street analysts forecast BMO stock price to rise 0.5% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$243.79
+0.5% Upside
Current Price
C$242.62
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BMO's historical volatility
30-Day Vol
23.7%
Annualized
90-Day Vol
19.4%
Annualized
Trend (90d)
+32.5%
Annualized drift
90d Mean
C$272.52
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$252.20 | C$232.43 – C$273.66 |
| 60 trading days | C$262.17 | C$233.57 – C$294.26 |
| 90 trading days | C$272.52 | C$236.58 – C$313.93 |
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.
Dividend Raised to CA$1.71
The new dividend amount is a CA$0.04 increase from the previous CA$1.67.
Dividend Details
The Bank of Montreal's latest dividend of CA$1.71 will be paid on August 26, 2026, to shareholders on record as of the ex-dividend date of July 30, 2026. This payment continues the bank's track record of consistent dividends, with 11 payments over about 2.8 years, including six increases.
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Financial Performance Context
The increase to CA$1.71 reflects the Bank of Montreal's strong market capitalization of around CA$177.84 billion and a trailing yield of 2.57%. This dividend raise shows the bank's solid financial performance and its strategy to reward shareholders in a competitive financial landscape.
Dividend calendar
| Ticker | BMO.TO |
| Amount | CA$1.71 |
| Ex-dividend | 2026-07-30 |
| Record | 2026-07-30 |
| Payment | 2026-08-26 |
| Declared | 2026-05-27 |
| Trailing yield | 2.57% |
| Stock page | BMO.TO dividend history |
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