Gordon Pape on BMO... "The financial sector was hit hard by last year’s March selloff but has recovered strongly. BMO shares were up $14.69 in the latest six-month period, and we are receiving quarterly dividends of $1.06 per share. At the sharply higher price, the yield is down to 3.2 per cent from 6.8 per cent last fall, however we expect a double-digit dividend hike when the Office of the Superintendent of Financial Institutions lifts its ban on increases by financial institutions."