This morning, Bank of Montreal (NYSE:BMO) declared its quarterly dividend of 70 cents per share, maintaining the amount paid to shareholders last quarter. With the dividend today, the company also announced weak fiscal third quarter results that missed Wall Street estimates.
In response, investors have been selling shares of BMO with the stock down 5.5%.
In other dividend news, CenturyLink (NYSE:CTL) maintained its quarterly dividend of 72.5 cents per share. Jarden (NYSE:JAH) maintained its quarterly dividend of 8.25 cents per share. Flowers Foods (NYSE:FLO) maintained its quarterly dividend of 20 cents per share. And Barnes & Noble (NYSE:BKS) maintained its quarterly dividend of 25 cents per share.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.