Bank of Montreal's Non-cumulative Perpetual Class B Preferred Shares Series 14 Ex-Dividend Reminder

On 10/30/14, Bank of Montreal's Non-cumulative Perpetual Class B Preferred Shares Series 14 (Toronto: BMO-PRK) will trade ex-dividend, for its quarterly dividend of $0.3281, payable on 11/25/14. As a percentage of BMO.PRK's recent share price of $26.12, this dividend works out to approximately 1.26%, so look for shares of BMO.PRK to trade 1.26% lower — all else being equal — when BMO.PRK shares open for trading on 10/30/14. On an annualized basis, the current yield is approximately 5.02%.