BMO Financial Group Declares Dividend
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 08/23/11 -- Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that the Board of Directors declared a quarterly dividend of $0.70 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2011, unchanged from the previous quarter.
Common shareholders may elect to have their cash dividends reinvested in common shares of the bank in accordance with the bank's Shareholder Dividend Reinvestment and Share Purchase Plan ("the Plan"). Under the Plan, the Board of Directors determines whether the common shares will be purchased on the secondary market or issued by the bank from treasury. At this time, the common shares purchased under the Plan will be issued from treasury without discount from the average market price of the common shares (as defined in the Plan).
The dividend on the common shares is payable on November 28, 2011, to shareholders of record on November 1, 2011. The dividends on the preferred shares are payable on November 25, 2011, to shareholders of record on November 1, 2011.
The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
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Contacts:
For News Media Enquiries:
Ralph Marranca, Toronto
(416) 867-3996
Ronald Monet, Montreal
(514) 877-1873
For Investor Relations Enquiries:
Viki Lazaris, Toronto
(416) 867-6656
Michael Chase, Toronto
(416) 867-5452
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Datum: 23.08.2011 - 05:30 Uhr
Sprache: Deutsch
News-ID 1032773
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Commercial & Investment Banking
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