Trailing Dividend / Share
$6.96
Bank of Montreal (BMO) Dividend History
Income profile from 1994 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.3%
Payout Ratio
57.8%
Sustainable
Dividend Streak
5 years
BMO Dividend Income Check
Safety
57.8% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 6.1% and trend is rising.
BMO Dividend Scorecard
Yield & Income
Dividend Yield3.3%
Trailing DPS$6.96
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout57.8%
Earnings SafetySustainable
FCF Payout45.8%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak5 years
3Y CAGR3.2%
5Y CAGR7.8%
Yield on Cost (5Y)6.1%
YOC Trendrising
Total Returns
Buyback Yield2.3%
Total Shareholder Yield5.6%
1Y Total Return60.4%
5Y Total Return79.4%
Div Contribution (5Y)22.4%
Estimated $10K growth (return + dividends):
5Y ago$17,94310Y ago$30,51220Y ago$38,565
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
BMO Income Growth Story
Dividend per share and yield on cost over time (33 years of payments)
BMO Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Bank of Montreal distributes 57.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 45.8%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
BMO has raised its dividend for 5 consecutive years, with a 3-year CAGR of 3.2% and 5-year CAGR of 7.8%.
Total Shareholder Returns
Beyond cash dividends, BMO returns capital through share repurchases. The combined picture: 3.3% dividend yield, 2.3% buyback yield, 5.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.1% and is currently rising. The 5-year total return is 79.4%, with dividends contributing 22.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $30,512 today.
BMO Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$21.71
Avg/Payment$1.0855
Latest Change-1.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 29, 2026Latest | $1.2206 | ↓ -1.0% | 3.24% | May 26, 2026 |
| Jan 30, 2026 | $1.2332 | ↑ +5.8% | 3.47% | Feb 26, 2026 |
| Oct 30, 2025 | $1.1657 | ↓ -1.2% | 3.72% | Nov 26, 2025 |
| Jul 30, 2025 | $1.1798 | ↑ +2.8% | 4.09% | Aug 26, 2025 |
| Apr 29, 2025 | $1.1476 | ↑ +4.0% | 4.71% | May 27, 2025 |
| Jan 30, 2025 | $1.1035 | ↓ -1.0% | 4.46% | Feb 26, 2025 |
| Oct 30, 2024 | $1.1142 | ↓ -0.4% | 4.85% | Nov 26, 2024 |
| Jul 30, 2024 | $1.1192 | ↑ +1.2% | 5.34% | Aug 27, 2024 |
BMO Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
3.3%
#4 of 8
Safety
Sustainable
57.8% payout
Streak
5Y
7.8% 5Y CAGR
Total Shareholder
5.6%
#5 of 8
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| BMOBank of Montreal | $108.1B | 3.3% | 57.8% | 5 | Sustainable |
 TDThe Toronto-Dominion… | $180.6B | 3.0% | 37.3% | 2 | Sustainable |
 RYRoyal Bank of Canada | $253.9B | 2.5% | 43.2% | 2 | Sustainable |
3rd  BNSThe Bank of Nova Sco… | $96.5B | 4.0% | 68.9% | 1 | Watch |
 CMCanadian Imperial Ba… | $102.4B | 2.8% | 47.4% | 2 | Sustainable |
1st  MFCManulife Financial C… | $66.3B | 4.9% | 57.2% | 6 | Sustainable |
 PNCThe PNC Financial Se… | $88.7B | 2.9% | 43.1% | 14 | Sustainable |
2nd  TFCTruist Financial Cor… | $65.5B | 4.2% | 57.5% | 10 | Sustainable |
BMO Annual Dividend History (1994–2026)
33 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.45 | — | 2 | — | — | — | 3.3% |
| 2025 | $4.60 | 3.0% | 4 | $11.44 | 40.2% | 2.49x | 6.1% |
| 2024 | $4.46 | 3.8% | 4 | $9.51 | 46.9% | 2.13x | 5.9% |
| 2023 | $4.30 | 2.6% | 4 | $5.76 | 74.6% | 1.34x | 5.7% |
| 2022 | $4.19 | 23.1% | 4 | $19.99 | 21.0% | 4.77x | 5.6% |
| 2021 | $3.40 | 7.9% | 4 | $11.58 | 29.4% | 3.40x | 4.5% |
| 2020 | $3.15 | -5.0% | 4 | $7.55 | 41.8% | 2.39x | 4.2% |
| 2019 | $3.32 | 4.6% | 4 | $8.66 | 38.3% | 2.61x | 4.4% |
| 2018 | $3.17 | 16.0% | 4 | $8.17 | 38.8% | 2.58x | 4.2% |
| 2017 | $2.73 | 6.9% | 4 | $7.92 | 34.5% | 2.90x | 3.6% |
Full BMO Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See BMO's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonBMO — Frequently Asked Questions
Quick answers to the most common questions about buying BMO stock.
How much dividend does BMO pay per share?
Bank of Montreal (BMO) pays a trailing 12-month dividend of $6.96 per share, with a current dividend yield of +3.3%. Payments are made Semi-Annual.
When is BMO's next ex-dividend date?
BMO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. BMO typically pays dividends Semi-Annual.
Is BMO's dividend safe?
BMO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +57.8% and FCF payout ratio of +45.8%. The 5-year growth streak provides moderate confidence.
Is BMO a Dividend Payer?
Yes, Bank of Montreal is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +7.8%, demonstrating above-inflation dividend growth.
How often does BMO pay dividends?
Bank of Montreal pays dividends Semi-Annual. The trailing 12-month total is $6.96 per share. Dividend data on this page covers 32+ years from 1994 to 2026.
How much would $10,000 invested in BMO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in BMO five years ago would be worth approximately $17,943 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is BMO's yield on cost for long-term holders?
BMO's yield on cost — the current dividend divided by the original purchase price — is +6.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.3% market yield, thanks to consistent dividend growth.