Bank dividend yields are hard to ignore. But here's why you should [Globe and Mail, The (Toronto, Canada)]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
bmo.com/main/about-bmo/banking/investor-relations/home
Company Research
Source: Globe and Mail, The
Dividends have been getting a lot of attention this week, given that it is the first time that the banks have raised their dividends since the pandemic began over a year and a half ago. The biggest banks boosted their payouts by an average of 15 per cent when they reported their fiscal fourth-quarter results this week. While bigger payouts are nice, though, dividend yields have had little impact on the banks' share price performance over the past three years – a period that includes the normal economic backdrop of 2019, the stock market selloff in early 2020 and the recovery since then. At the end of the banks' fourth quarter in 2018, Bank of Nova Scotia and Canadian Imperial Bank of Commerce beckoned investors with yields of 4.6 per cent and 4.7 per cent, respectively – the highest yields among the Big Six. However, the strategy of buying the highest-yielding bank stocks didn't reward investors with outsized gains over the past three years. CIBC's share price gained 30 per cen
Show less
Read more
Impact Snapshot
Event Time:
BMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BMO alerts
High impacting Bank Of Montreal news events
Weekly update
A roundup of the hottest topics
BMO
News
- PRESS DIGEST-Canada - April 17 [Yahoo! Finance]Yahoo! Finance
- BMO Announces Election of Board of DirectorsPR Web
- BMO Announces Election of Board of DirectorsPR Newswire
- BMO Announces Election of Board of DirectorsPR Newswire
- BMO Announces Election of Board of DirectorsPR Newswire
BMO
Earnings
- 2/27/24 - Beat
BMO
Analyst Actions
- 3/20/24 - Barclays PLC
BMO
Sec Filings
- 4/17/24 - Form 424B2
- 4/17/24 - Form 424B2
- 4/17/24 - Form 424B2
- BMO's page on the SEC website