BMO Financial Group Declares Dividend



    TORONTO, Aug. 26 /CNW/ - Bank of Montreal today announced that the Board
of Directors declared a quarterly dividend of $0.70 per share on paid-up
common shares of Bank of Montreal for the fourth quarter of fiscal year 2008,
unchanged from the previous quarter.
    For the current quarter, the Board also declared a dividend of $0.33125 a
share on paid-up Class B Preferred Shares Series 5, a dividend of $0.296875 a
share on paid-up Class B Preferred Shares Series 6, a dividend of US $0.371875
a share on paid-up Class B Preferred Shares Series 10, a dividend of $0.28125
a share on paid-up Class B Preferred Shares Series 13, a dividend of $0.328125
a share on paid-up Class B Preferred Shares Series 14, a dividend of $0.36250
a share on paid-up Class B Preferred Shares Series 15, and an initial dividend
of $0.55205 a share on paid-up Class B Preferred Shares Series 16 of BMO.
    The dividend on the common shares is payable November 27, 2008 to
shareholders of record on October 31, 2008. The dividends on the preferred
shares are payable November 25, 2008 to shareholders of record on
October 31, 2008.
    The above-mentioned dividends on the common and preferred shares are
designated as "eligible" dividends for the purposes of the Income Tax Act
(Canada) and any similar provincial and territorial legislation.




For further information:

For further information: For News Media Enquiries: Ralph Marranca,
Toronto, ralph.marranca@bmo.com, (416) 867-3996; Ronald Monet, Montreal,
ronald.monet@bmo.com, (514) 877-1873; For Investor Relations Enquiries: Viki
Lazaris, Toronto, viki.lazaris@bmo.com, (416) 867-6656; Steven Bonin, Toronto,
steven.bonin@bmo.com, (416) 867-5452; Internet: www.bmo.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890