| St. John’s,
March 3, 2009 – 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 second quarter of fiscal year 2009, 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. 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 Board of Directors has decided that the common shares purchased under
the Plan will be issued from treasury at a two percent discount from
the Average Market Price (as defined in the Plan) until such time as
the Bank elects otherwise.
Any registered shareholder
who has not enrolled in the Plan and wishes to do so must sign a Reinvestment
Enrollment – Participant Declaration
Form and return it to the Bank's Transfer Agent, Computershare Trust
Company of Canada at:
Computershare Trust Company of Canada
100 University Avenue, 9th Floor
Toronto, Ontario
M5J 2Y1
Reinvestment Enrollment – Participant
Declaration Forms may be obtained from Computershare Trust Company
of Canada on its website at
www.computershare.com\bmo, or by calling 1-800-340-5021 from within Canada
or the United States or 514-982-7800 from all other countries.
To participate in the Q2 2009
Dividend, Reinvestment Enrollment – Participant
Declaration Forms must be received by Computershare Trust Company of
Canada before the close of business on April 28, 2009.
Non-registered shareholders must contact their financial institutions,
brokers or other intermediaries for instructions on how to participate
in the Plan and should do so well in advance of the above date in order
to participate in the Q2 2009 Dividend.
For the current quarter, the Board of Directors also declared dividends
of:
$0.33125 a share on paid-up Class B Preferred Shares Series 5;
US $0.371875 a share on paid-up Class B Preferred Shares Series 10;
$0.28125 a share on paid-up Class B Preferred Shares Series 13;
$0.328125 a share on paid-up Class B Preferred Shares Series 14;
$0.36250 a share on paid-up Class B Preferred Shares Series 15;
$0.325 a share on paid-up Class B Preferred Shares Series 16; and
an initial dividend of $0.73459 a share on paid-up Class B Preferred
Shares Series 18
The dividend on the
common shares is payable on May 28, 2009, to shareholders of record
on May 1, 2009. The dividends on the preferred shares are payable
on May 25, 2009 to shareholders of record on May 1, 2009.
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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For News Media Enquiries:
Ralph Marranca, Toronto, ralph.marranca@bmo.com,
(416) 867-3996
Ronald Monet, Montreal, ronald.monet@bmo.com,
(514) 877-1873
For Investor
Relations Enquiries:
Viki Lazaris,
Toronto, viki.lazaris@bmo.com,
(416) 867-6656
Steven Bonin, Toronto, steven.bonin@bmo.com,
(416) 867-5452 |
