BMO raises quarterly dividend to $1.71 per share

Bank of Montreal announced that its Board of Directors declared a quarterly common share dividend of $1.71 per share for the third quarter of fiscal 2026.

Rhea-AI Filing Summary

Bank of Montreal announced that its Board of Directors declared a quarterly common share dividend of $1.71 per share for the third quarter of fiscal 2026. This represents a 4 cent, or 2 percent, increase from the prior quarter and is up 5 percent from the prior year.

The common share dividend is payable on August 26, 2026 to shareholders of record on July 30, 2026. The Board also declared a dividend on Class B Preferred Shares Series 44, payable on August 25, 2026 to shareholders of record on July 30, 2026.

Both common and preferred dividends are designated as eligible dividends for Canadian tax purposes. Common shareholders may choose to reinvest cash dividends in additional common shares through BMO’s Shareholder Dividend Reinvestment and Share Purchase Plan, with shares purchased on the open market without a discount.

Key Figures

Quarterly common dividend: $1.71 per share Quarter-over-quarter dividend increase: 4 cents per share Quarter-over-quarter percentage increase: 2 percent +4 more

7 metrics

Quarterly common dividend $1.71 per share Third quarter of fiscal 2026

Quarter-over-quarter dividend increase 4 cents per share Increase vs prior quarter

Quarter-over-quarter percentage increase 2 percent Dividend growth vs prior quarter

Year-over-year dividend increase 5 percent Dividend growth vs prior year

Common dividend payment date August 26, 2026 Payable date for common shareholders

Record date for dividends July 30, 2026 Record date for common and Series 44 preferred

Preferred Series 44 payment date August 25, 2026 Dividend date for Class B Preferred Shares Series 44

Key Terms

eligible dividends, Shareholder Dividend Reinvestment and Share Purchase Plan, Class B Preferred Shares Series 44

3 terms

eligible dividends financial

"The above-mentioned dividends on the common and preferred shares are designated as “eligible” dividends"

Eligible dividends are a type of corporate payout that carries a stronger tax benefit for individual shareholders because they come from profits that were taxed at higher corporate rates. Think of them like a higher-value coupon: investors receive cash and, when filing taxes, get a bigger credit that reduces the amount of tax owed on that income. That matters to investors because the after-tax amount they actually keep can be noticeably higher than for other kinds of dividends, affecting yield comparisons and portfolio income planning.

Shareholder Dividend Reinvestment and Share Purchase Plan financial

"in accordance with the Bank’s Shareholder Dividend Reinvestment and Share Purchase Plan (the “Plan”)."

Class B Preferred Shares Series 44 financial

"The dividend on Class B Preferred Shares Series 44 is payable on August 25, 2026"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did Bank of Montreal (BMO) declare for Q3 2026?

Bank of Montreal declared a quarterly common share dividend of $1.71 per share for the third quarter of fiscal 2026. This amount is 4 cents higher than the prior quarter and 5 percent higher than the dividend paid a year earlier.

How much did BMO increase its dividend compared to the prior quarter and year?

BMO raised its quarterly common share dividend by 4 cents from the prior quarter, a 2 percent increase. The new $1.71 per share dividend is also 5 percent higher than the common share dividend paid in the prior year.

When will Bank of Montreal’s Q3 2026 common share dividend be paid?

The Q3 2026 common share dividend of $1.71 per share will be paid on August 26, 2026. Shareholders must be on record as of July 30, 2026 to receive this dividend payment from Bank of Montreal.

What did BMO announce for its Class B Preferred Shares Series 44 dividend?

BMO’s Board declared a dividend on its Class B Preferred Shares Series 44, payable on August 25, 2026. Shareholders of this preferred series must be on record on July 30, 2026 to qualify for the announced dividend payment.

Are Bank of Montreal’s declared dividends considered eligible dividends for tax purposes?

Yes, BMO designated the declared dividends on both common and Class B preferred shares as eligible dividends. This designation applies for the Income Tax Act (Canada) and similar provincial and territorial legislation, which may offer favourable tax treatment to qualifying Canadian investors.

Can BMO common shareholders reinvest their dividends into more shares?

Yes, common shareholders may reinvest cash dividends through BMO’s Shareholder Dividend Reinvestment and Share Purchase Plan

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of: May, 2026 Commission File Number: 001-13354

BANK OF MONTREAL

(Name of Registrant)

100 King Street West
1 First Canadian Place		129 rue Saint-Jacques
Toronto, Ontario		Montreal, Quebec
Canada, M5X 1A1		Canada, H2Y 1L6
(Executive Offices)		(Head Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☐   Form 40-F ☒

INCORPORATION BY REFERENCE

The information contained in this Form 6-K and any exhibits hereto shall be deemed filed with the Securities and Exchange Commission (“SEC”) solely for purposes of incorporation by reference into and as part of the following registration statements of the registrant on file with and declared effective by the SEC:

1. Registration Statement – Form F-3 – File No. 333-214934

2. Registration Statement – Form F-3 – File No. 333-285508

3. Registration Statement – Form S-8 – File No. 333-191591

4. Registration Statement – Form S-8 – File No. 333-180968

5. Registration Statement – Form S-8 – File No. 333-177579

6. Registration Statement – Form S-8 – File No. 333-177568

7. Registration Statement – Form S-8 – File No. 333-176479

8. Registration Statement – Form S-8 – File No. 333-175413

9. Registration Statement – Form S-8 – File No. 333-175412

10. Registration Statement – Form S-8 – File No. 333-113096

11. Registration Statement – Form S-8 – File No. 333-14260

12. Registration Statement – Form S-8 – File No. 33-92112

13. Registration Statement – Form S-8 – File No. 333-207739

14. Registration Statement – Form S-8 – File No. 333-237522

15. Registration Statement – Form S-8 – File No. 333-276007

EXHIBIT INDEX

Exhibit		Description of Exhibit
99.1		Press Release – BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 percent from the prior year

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

				BANK OF MONTREAL
				By:		/s/ Rahul Nalgirkar
				Name:		Rahul Nalgirkar
				Title:		Chief Financial Officer
Date: May 27, 2026				By:		/s/ Pascale Elharrar
				Name:		Pascale Elharrar
				Title:		Corporate Secretary

Exhibit 99.1

NEWS

FOR IMMEDIATE RELEASE

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

TORONTO, May 27, 2026 – Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.71 per share on paid-up common shares of Bank of Montreal for the third 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 a dividend of:

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

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

For News Media Enquiries:

John Fenton, Toronto, john.fenton@bmo.com, (416) 867-3996

For Investor Relations Enquiries:

Bill Anderson, Toronto, bill2.anderson@bmo.com, (416) 867-7834

Internet: www.bmo.com X: @BMOmedia

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 5.7 KB