TORONTO, Oct. 11 /CNW/ - The Board of Directors of BMONT Split Corp. (the
"Company") has declared today dividends of $0.3089 per Preferred Share and
$0.1300 per Capital Share, payable on November 5, 2007 to holders of record at
the close of business on October 25, 2007.
Holders of Preferred Shares are entitled to receive quarterly fixed
cumulative distributions equal to $0.3089 per Preferred Share. The Company's
Capital Share dividend policy is to pay holders of Capital Shares quarterly
dividends in an amount equal to the dividends received by the Company on the
Bank of Montreal common shares minus the distributions payable on the
Preferred Shares and all administrative and operating expenses.
The Company is also pleased to announce the addition of Terry A. Jackson
as an independent director and his appointment as a member of the Company's
Independent Review Committee.
BMONT Split Corp. is a mutual fund corporation created to hold a
portfolio of common shares of Bank of Montreal. Capital Shares and Preferred
Shares of BMONT Split Corp. are listed for trading on The Toronto Stock
Exchange under the symbols BMT and BMT.PR.A respectively.
For further information:
For further information: Investor Relations, BMONT Split Corp., (416)
945-5368, E-mail: firstname.lastname@example.org, Web site: