Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) declared a quarterly dividend on Friday, April 26th, RTT News reports. Shareholders of record on Monday, April 29th will be paid a dividend of 1.51 per share by the bank on Tuesday, May 28th. This represents a $6.04 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date is Friday, April 26th.
Bank of Montreal Trading Down 0.7 %
Shares of TSE BMO opened at C$127.24 on Thursday. The company has a market capitalization of C$92.30 billion, a P/E ratio of 17.50, a P/E/G ratio of 0.54 and a beta of 1.18. Bank of Montreal has a 12 month low of C$102.67 and a 12 month high of C$133.95. The stock has a 50 day moving average of C$128.01 and a 200-day moving average of C$122.04.
Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last announced its quarterly earnings results on Tuesday, February 27th. The bank reported C$2.56 earnings per share (EPS) for the quarter, missing the consensus estimate of C$3.03 by C($0.47). Bank of Montreal had a net margin of 17.71% and a return on equity of 7.28%. The business had revenue of C$7.67 billion for the quarter, compared to analyst estimates of C$8.57 billion. Analysts predict that Bank of Montreal will post 11.3809947 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Analysis on BMO
Insider Buying and Selling
In other Bank of Montreal news, Senior Officer Nadim Hirji sold 2,882 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$130.46, for a total transaction of C$375,985.72. In other news, Director Darrel Hackett sold 3,297 shares of the firm’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of C$91.76, for a total value of C$302,532.72. Also, Senior Officer Nadim Hirji sold 2,882 shares of Bank of Montreal stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of C$130.46, for a total transaction of C$375,985.72. 0.03% of the stock is currently owned by company insiders.
Bank of Montreal Company Profile
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products.
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