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Derived from payout historyIncome reliability
Quarterly income profile is visible
BMO.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.
Market dataIncome framework read
Dividend CompanyTSXCanada
BMO.TO
Bank of Montreal
FinancialsPlain dividendQuarterly
Market Snapshot
$236.25
-$0.38 (-0.16%)
Toronto
Yield
2.90%
Rate $6.84
Next Payment
—
Ex-date 2026-10-30
52wk Position
74.58%
-8.85% below high
Updated —
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- $171.00
- APR
- 0.724
- Coverage
- 0.724
Broken. The dividend no longer covers the target print rate. Top up shares or lower the target print rate.
Price Creep
Defended price ceiling
- Max defended
- $171.00
- Cushion
- -$65.25
- Cushion %
- -27.62%
Current $236.25Break $171.00
Smart Recommendation
BMO.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Strong
5mo agoDRIP availability
Available
5mo agoTax character
Eligible dividend
5mo agoDistribution history
Multi-decade
5mo agoStructure complexity
Simple
5mo agoIncome trend
Growing
5mo agoAccount suitability
Non-reg: eligible div
5mo agoStructure Overview
Bank of Montreal (BMO) is one of Canada's Big Six banks and has paid dividends continuously since 1829, one of the longest dividend histories in North America. BMO's acquisition of Bank of the West extended its U.S. mid-market banking presence, adding scale and modest currency exposure. Eligible dividends are paid quarterly.
Canadian Planning Notes
- 1BMO's dividend history is among the longest of any North American bank; investors targeting multi-decade dividend track records often use BMO as a core holding.
- 2Eligible dividends qualify for the tax credit in non-registered accounts; DRIP is widely available.
- 3The Bank of the West acquisition increased U.S. earnings exposure; monitor integration progress and capital ratios when assessing future dividend growth capacity.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
Non-registered
Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.
TFSA: Tax-free growth and withdrawals.
RRSP: Tax-deferred growth, with withdrawals taxed as regular income.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Available
RBC Direct Investing
Available
TD Direct Investing
Available
Run Your Numbers
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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.