12-04-2021, 11:57 AM
(12-04-2021, 02:34 AM)crimsonghost747 Wrote: CM also raised around 10%. I guess all the big canadian banks are doing around 10% this year. I love it, those div raises need to beat inflation. (on a long-term, but short term is cool too!)
BMO was the winner. Just announced yesterday a 25.5% increase to C$1.33/quarter from C$1.06.
Quote:Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.33 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2022 ("Q1 2022 Dividend"), a 27 cent increase from the previous quarter and up 25 per cent from the prior quarter and prior year.
The dividend on the common shares is payable on February 28, 2022, to shareholders of record on February 1, 2022. The dividends on the preferred shares are payable on February 25, 2022, to shareholders of record on February 1, 2022.
Dividend announcement
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan