BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 per cent from the prior year

Rhea-AI Summary

Bank of Montreal (TSX:BMO, NYSE:BMO) declared a quarterly common share dividend of $1.67 per share for Q1 fiscal 2026, an increase of $0.04 (2%) from the prior quarter and 5% year-over-year. The common dividend is payable on February 26, 2026 to shareholders of record on January 30, 2026. The Board also declared a $0.426 per share dividend on Class B Preferred Shares Series 44, payable February 25, 2026 to holders of record on January 30, 2026. Both dividends are designated eligible for Canadian tax purposes. Common shareholders may enroll in the Bank's Dividend Reinvestment and Share Purchase Plan, with enrolment by February 3, 2026 for registered holders.

Positive

• Common dividend increased by $0.04 (2%) quarter-over-quarter
• Common dividend up 5% year-over-year
• Common dividend payable February 26, 2026
• Dividends designated as eligible for Canadian tax purposes
• Dividend Reinvestment Plan available; shares bought on open market

Negative

• Quarter-over-quarter increase is modest at 2%
• Registered enrolment deadline for DRIP: February 3, 2026 (timing constraint)

TORONTO, Dec. 4, 2025 /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 first quarter of fiscal year 2026, a 4 cent, or 2 percent, increase from the prior quarter, up 5 percent from the prior year.

The Board of Directors also declared dividends of:

• $0.426 per share on paid-up Class B Preferred Shares Series 44.

The dividend on the common shares is payable on February 26, 2026, to shareholders of record on January 30, 2026.  The dividend on Class B Preferred Shares Series 44 is payable on February 25, 2026, to shareholders of record on January 30, 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 February 3, 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

Internet: www.bmo.com      X: @BMOmedia

View original content:https://www.prnewswire.com/news-releases/bmo-financial-group-increases-common-share-dividend-by-4-cents-from-the-prior-quarter-up-5-per-cent-from-the-prior-year-302632942.html

SOURCE BMO Financial Group

FAQ

How much is BMO's common share dividend declared on December 4, 2025 (BMO)?

BMO declared a common share dividend of $1.67 per share for Q1 fiscal 2026.

When will BMO's common dividend be paid and who is the record date (BMO)?

The common dividend is payable February 26, 2026 to shareholders of record on January 30, 2026.

What change did BMO announce to its common dividend compared with the prior quarter (BMO)?

The Board increased the common dividend by $0.04, a 2% rise versus the prior quarter.

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

Yes. The common and Class B Preferred Series 44 dividends are designated eligible dividends for Canadian tax purposes.

How can BMO common shareholders reinvest dividends under the DRIP and what is the enrolment deadline (BMO)?

Common shareholders may join the Dividend Reinvestment and Share Purchase Plan; registered enrolment must be received by February 3, 2026.

What dividend was declared for BMO Class B Preferred Shares Series 44 and when is it payable (BMO)?

A dividend of $0.426 per share was declared for Class B Preferred Series 44, payable February 25, 2026 to holders of record on January 30, 2026.