BMO Financial Group Declares Dividends

Rhea-AI Summary

BMO (TSX: BMO, NYSE: BMO) announced quarterly dividends: $1.67 per common share for Q2 FY2026 (unchanged). Preferred dividends were declared: $0.426 (Class B Series 44), $36.865 (Series 50), and $35.285 (Series 52).

Common dividend payable May 26, 2026, to shareholders of record April 29, 2026; Series 44 payable May 25, 2026. Dividends designated as eligible for Canadian tax purposes. Enrolment deadline for dividend reinvestment plan is May 1, 2026.

Positive

• Common dividend of $1.67 maintained quarter-over-quarter
• Declared fixed dividends on three preferred series with specific amounts
• Dividend reinvestment plan available; enrolment deadline May 1, 2026

Negative

• No increase to common dividend; $1.67 unchanged from prior quarter
• Class B Preferred Shares Series 50 and 52 are unlisted, limiting liquidity

News Market Reaction – BMO

+4.10%

1 alert

+4.10% News Effect

+$4.16B Valuation Impact

$105.68B Market Cap

0.1x Rel. Volume

On the day this news was published, BMO gained 4.10%, reflecting a moderate positive market reaction. This price movement added approximately $4.16B to the company's valuation, bringing the market cap to $105.68B at that time.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, Feb. 25, 2026 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.67 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2026, unchanged from the prior quarter.

The Board of Directors also declared dividends of:

• $0.426 per share on paid-up Class B Preferred Shares Series 44;
• $36.865 per share on paid-up Class B Preferred Shares Series 50⁽¹⁾; and
• $35.285 per share on paid-up Class B Preferred Shares Series 52⁽¹⁾.

The dividend on the common shares is payable on May 26, 2026, to shareholders of record on April 29, 2026.  The dividend on Class B Preferred Shares Series 44 is payable on May 25, 2026, to shareholders of record on April 29, 2026.  The dividends on Class B Preferred Shares Series 50 and Series 52 are payable on May 26, 2026, to shareholders of record on April 29, 2026.    

The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

Common shareholders may elect to have their cash dividends reinvested in common shares of the Bank in accordance with the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan (the "Plan").  Such additional common shares will be purchased on the open market without a discount until further notice.

For registered shareholders who wish to participate in the Plan, Enrolment Forms must be received by the Bank's transfer agent, Computershare Trust Company of Canada, by the close of business on May 1, 2026. Beneficial or non-registered holders must contact their financial institution or broker well in advance of the above date for instructions on how to participate.

More information about the Plan and how to enroll can be found at:
http://www.bmo.com/home/about/banking/investor-relations/shareholder-information/dividend-reinvestment-plan

(1 )The Class B Preferred Shares Series 50 and 52 are not listed on any stock exchanges.

Internet: www.bmo.com                                                       

X: @BMOmedia

View original content:https://www.prnewswire.com/news-releases/bmo-financial-group-declares-dividends-302696916.html

SOURCE BMO Financial Group

FAQ

What dividend did BMO declare for common shares in Q2 FY2026 (BMO)?

BMO declared a quarterly common dividend of $1.67 per share. According to the company, the dividend is unchanged from the prior quarter and is payable May 26, 2026 to holders of record on April 29, 2026.

When will BMO common shareholders receive the May 2026 dividend (BMO)?

Common shareholders will be paid on May 26, 2026. According to the company, shareholders of record on April 29, 2026 are eligible to receive the dividend.

What preferred share dividends did BMO declare on Feb 25, 2026 (BMO)?

BMO declared dividends of $0.426 (Series 44), $36.865 (Series 50), and $35.285 (Series 52). According to the company, Series 50 and 52 are not listed on any exchange.

Is BMO's dividend eligible for Canadian tax purposes (BMO)?

Yes. The declared common and preferred dividends are designated as eligible dividends for the Income Tax Act (Canada). According to the company, this applies to similar provincial and territorial legislation.

How can BMO shareholders join the dividend reinvestment plan for May 2026 (BMO)?

Registered shareholders must enroll by May 1, 2026 with Computershare. According to the company, beneficial holders should contact their broker well in advance for participation instructions.

Will BMO issue new shares at a discount under the DRIP for the May 2026 dividend (BMO)?

No discount will be used; additional shares will be purchased on the open market. According to the company, purchases under the plan will occur without a discount until further notice.