On 7/27/16, Bank of Montreal (Toronto: BMO) will trade ex-dividend, for its quarterly dividend of $0.86, payable on 8/26/16. As a percentage of BMO's recent stock price of $84.89, this dividend works out to approximately 1.01%, so look for shares of Bank of Montreal to trade 1.01% lower — all else being equal — when BMO shares open for trading on 7/27/16.
Below is a dividend history chart for BMO, showing historical dividends prior to the most recent $0.86 declared by Bank of Montreal:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BMO is likely to continue, and whether the current estimated yield of 4.05% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of BMO shares, versus its 200 day moving average:
Looking at the chart above, BMO's low point in its 52 week range is $64.01 per share, with $85.31 as the 52 week high point — that compares with a last trade of $84.86.
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According to the ETF Finder at ETFChannel.com, BMO makes up 3.49% of the SPDR MSCI Canada StrategicFactors ETF (AMEX: QCAN) which is trading relatively unchanged on the day Monday.
In Monday trading, Bank of Montreal shares are currently up about 0.1% on the day.
