Bank of Montreal - Dividend Declaration
January 27 1999 - 3:05AM
UK Regulatory
RNS No 6975d
BANK OF MONTREAL
26th January 1999
Bank of Montreal Increases Dividend
TORONTO, January 26, 1999 - Bank of Montreal's Board of Directors has approved
an increase in the dividend paid to common shareholders, raising the quarterly
dividend from 44 cents to 47 cents per share. This is the seventh increase
since 1992.
For the current quarter, the board also declared a dividend of 56.250 cents a
share on paid-up Class A Preferred Shares Series 4 of the bank, a dividend of
56.250 cents a share paid-up Class B Preferred Shares Series 1 of the bank, a
dividend of U.S. 42.190 cents a share on the paid-up Class B Preferred Shares
Series 2 of the bank, a dividend of 34.6875 cents a share on the paid-up Class B
Preferred Shares Series 3, a dividend of 30.00 cents a share on the paid-up
Class B Preferred Shares Series 4, a dividend of 33.125 cents a share on the
paid-up Class B Preferred Shares Series 5 of the bank, and a dividend of 29.6875
cents a share on the paid-up Class B Preferred Shares Series 6 of the bank.
Dividends on both the common and preferred shares are payable February 25 to
shareholders of record on February 5.
Contacts:
Lynne Kilpatrick, Toronto, (416) 927-2740
Ronald Monet, Montreal, (514) 877-1101
Internet: http://www.bmo.com
END
DIVBIGBBSGDCCCL
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