Bank of Montreal 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 2008, unchanged from the previous quarter.
For the current quarter, the Board also declared a dividend of $0.33125
a share on paid-up Class B Preferred Shares Series 5, a dividend of $0.296875
a share on paid-up Class B Preferred Shares Series 6, a dividend of US
$0.371875 a share on paid-up Class B Preferred Shares Series 10, a dividend
of $0.28125 a share on paid-up Class B Preferred Shares Series 13, a
dividend of $0.328125 a share on paid-up Class B Preferred Shares Series
14, a dividend of $0.36250 a share on paid-up Class B Preferred Shares
Series 15, and an initial dividend of $0.55205 a share on paid-up Class
B Preferred Shares Series 16 of BMO.
The dividend on the common shares is payable November 27, 2008 to shareholders
of record on October 31, 2008. The dividends on the preferred shares
are payable November 25, 2008 to shareholders of record on October 31,
2008.
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.
