The Board of Directors also declared dividends of:
$0.112813 per share on paid-up Class B Preferred Shares Series 25;$0.175556 per share on paid-up Class B Preferred Shares Series 26;$0.24075 per share on paid-up Class B Preferred Shares Series 27;$0.2265 per share on paid-up Class B Preferred Shares Series 29;$0.240688 per share on paid-up Class B Preferred Shares Series 31;$0.2375 per share on paid-up Class B Preferred Shares Series 33;$0.3125 per share on paid-up Class B Preferred Shares Series 35;$14.625 per share on paid-up Class B Preferred Shares Series 36(1);$0.303125 per share on paid-up Class B Preferred Shares Series 38;$0.28125 per share on paid-up Class B Preferred Shares Series 40;$0.275 per share on paid-up Class B Preferred Shares Series 42;$0.303125 per share on paid-up Class B Preferred Shares Series 44; and$0.31875 per share on paid-up Class B Preferred Shares Series 46.
The dividend on the common shares is payable on
The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (
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"). For the Q1 2020 Dividend declared today and subsequently until further notice, common shares under the Plan will be purchased on the open market.
For registered shareholders who wish to participate in the Plan, Enrolment Forms must be received by the Bank's transfer agent,
More information about the Plan and how to enroll can be found at:
http://www.bmo.com/home/about/banking/investor-relations/shareholder-information/dividend-reinvestment-plan
(1) The Class B Preferred Shares Series 36 was issued by way of private placement and is not listed on any stock exchanges.
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