Bank Of Montreal (NYSE:BMO) Updates On Quarterly Dividend


As per Bank Of Montreal (NYSE:BMO) statement on 2016-08-23, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.66 per share as dividend to stakeholders. The record date is set as 2016-11-01, the payout date as 2016-11-28 and the ex-dividend date is 2016-10-28.

Last fiscal Bank Of Montreal (NYSE:BMO) disbursed cash dividend of $0.66. A year ago, the payout was $0.66, which indicates a difference of -13.065%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.66, implying -5.9252% growth.

For the period ended on 2015-10-31, Bank Of Montreal (NYSE:BMO)’s earnings came at $1.49 per share compared to EPS of $1.44 a year ago. This quarter the firm can post earnings for quarter ending 2016-10-31 on or around 2016-12-06. For this quarter, the analysts have earnings estimate of $1.42 per share.

The interim price target for Bank Of Montreal (NYSE:BMO) is set at $64.435. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Bank Of Montreal (NYSE:BMO) is seen at $67.76 and the lowest level is established at $59.76. This broad range highlights a standard deviation of $3.477 in reported estimates.

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