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[BUSINESS] · Canada · 2 sources

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Bank of Montreal maintains dividend streak since 1829

Bank of Montreal (BMO) has maintained a continuous dividend payment record since 1829. This nearly 200-year streak has persisted through various global economic challenges, including wars, financial crises, stock market crashes, and recessions.

As Canada's oldest bank, BMO currently offers a dividend yield of approximately 2.8 percent. The institution's ongoing expansion into the United States and increasing profits are noted as factors that may support future dividend growth and strengthen its market position.

Entities

Bank of Montreal