On 5/29/13, Bank of Montreal's 6.20% Non-Cumulative Dollar Preference Shares, Series A (NYSE: HBC.PRA) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 6/17/13. As a percentage of HBC.PRA's recent share price of $25.71, this dividend works out to approximately 1.51%, so look for shares of HBC.PRA to trade 1.51% lower -- all else being equal -- when HBC.PRA shares open for trading on 5/29/13. On an annualized basis, the current yield is approximately 6.00%, which compares...
Bank of Montreal's Non-Cumulative Dollar Preference Shares, Series A Goes Ex-Dividend Soon
Forbes - 28 May 2013 20:12
On 5/29/13, Bank of Montreal's 6.20% Non-Cumulative Dollar Preference Shares, Series A (NYSE: HBC.PRA) will trade ex-dividend, for its quarterly dividend of $0.3875, payable on 6/17/13. As a percentage of HBC.PRA's recent share price of $25.71, this dividend works out to approximately 1.51%, so look for shares of HBC.PRA to trade 1.51% lower -- all else being equal -- when HBC.PRA shares open for trading on 5/29/13. On an annualized basis, the current yield is approximately 6.00%, which compares...
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