Bullboard - Stock Discussion Forum Bank of Montreal N.ZOCT

Primary Symbol: T.BMO Alternate Symbol(s): BMO | T.BMO.PR.W | T.BMO.PR.Y | FNGO | T.BMO.PR.E | FNGD | FNGU | CARD | CARU | N.ZUEA | N.ZEBA | N.BGDV

Bank of Montreal (BMO) is a Canada-based company, which offers a wide range of personal banking services. The Company is engaged in providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to customers across Canada, the United States, and in select markets globally. The Company offers services, such as bank... see more

TSX:BMO - Post Discussion

Bank of Montreal > Gordon Pape on BMO...

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Post by zack50 on Oct 20, 2021 11:17am

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."

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