Dividend Announcements: May 23-29, 2026

Dividend increases include a boost of 6.67% from Dividend Champion Donaldson and a raise of 4.17% from Dividend King Lowe's. Canadian banks BMO, RY, and TD announced modest dividend hikes but are overvalued, with compressed yields near 3%. CSWC declared a special dividend, but its payout ratio above 100% and low quality and safety scores signal caution.

Seeking Alpha • Jun 4, 2026

BMO Beats Quarterly Earnings Again, And Remains A Strong Dividend Idea Among Banks

Bank of Montreal (BMO) remains a buy, supported by robust segment growth, dividend strength, and a conservative balance sheet, despite a rich valuation. BMO's Q2 saw YoY revenue growth across all business lines, with wealth and capital markets as standouts, and net income up 34% YoY. EPS growth expectations are strong, with analyst consensus forecasting +20% YoY EPS growth for FY26 and upward earnings revisions outpacing downgrades.

Seeking Alpha • May 30, 2026

BMO hires UBS banker to lead US M&A team, memo shows

BMO Financial has hired David Descoteaux from UBS to head its U.S. M&A ​team for capital markets and commercial banking, ‌according to a memo seen by Reuters, finalizing a months-long search to fill the role as the Canadian lender combined ​teams.

Reuters • May 29, 2026

Bank Of Montreal Q2 Earnings Call Highlights

Bank Of Montreal NYSE: BMO reported stronger second-quarter results for fiscal 2026, with management pointing to higher fee revenue, improved operating leverage and continued progress toward its profitability targets following the bank's March Investor Day.

MarketBeat • May 27, 2026

Bank of Montreal Raises Dividend After Logging Stronger Earnings

Bank of Montreal is boosting its dividend payout after logging a lift in fiscal second-quarter earnings on the back of strong fee revenue.

WSJ • May 27, 2026

Bank of Montreal and Rival Lenders Lift Dividends on Back of Earnings Growth

Bank of Montreal, Bank of Nova Scotia and National Bank of Canada kicked off earnings season for Canada's largest lenders with plans to lift their dividends.

WSJ • May 27, 2026

BMO Financial Group Reports Second Quarter 2026 Results

BMO's Second Quarter 2026 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended April 30, 2026, are available online at www.bmo.com/investorrelations, on the Canadian Securities Administrators' website at www.sedarplus.ca, and on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov. Financial Results Highlights Second Quarter 2026 compared with Second Quarter 2025: Reported net income1 of $2,630 million, an increase of 34% from $1,962 million; adjusted net income1 of $2,733 million, an increase of 34% from $2,046 million Reported earnings per share (EPS)2 of $3.53, an increase of 41% from $2.50; adjusted EPS1, 2 of $3.67, an increase of 40% from $2.62 Provision for credit losses (PCL) of $739 million, a decrease from $1,054 million Reported return on equity (ROE) of 13.0%, compared with 9.4%; adjusted ROE1 of 13.5%, compared with 9.8% Common Equity Tier 1 (CET1) Ratio3 of 13.0%, compared with 13.5% Declared a quarterly dividend of $1.71 per common share, an increase of $0.08 or 5% from the prior year and $0.04 or 2% from the prior quarter Year-to-Date 2026 compared with Year-to-Date 2025: Reported net income1 of $5,119 million, an increase of 25% from $4,100 million; adjusted net income1 of $5,284 million, an increase of 22% from $4,335 million Reported EPS2 of $6.92, an increase of 30% from $5.34; adjusted EPS1, 2 of $7.15, an increase of 26% from $5.66 PCL of $1,485 million, a decrease from $2,065 million Reported ROE of 12.5%, compared with 10.0%; adjusted ROE1 of 12.9%, compared with 10.6% TORONTO, May 27, 2026 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) reported net income for the second quarter ended April 30, 2026 was $2,630 million, compared with $1,962 million in the prior year, and EPS of $3.53, compared with $2.50.

PRNewsWire • May 27, 2026

BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 5 percent from the prior year

TORONTO, May 27, 2026 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.71 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2026, a 4 cent, or 2 percent, increase from the prior quarter, up 5 percent from the prior year. The Board of Directors also declared a dividend of: $0.426 per share on paid-up Class B Preferred Shares Series 44.

PRNewsWire • May 27, 2026

BMO, Scotiabank and National Bank all beat estimates in Q2

BMO Financial Group (TSX:BMO), Bank of Nova Scotia (TSX:BNS) and National Bank of Canada (TSX:NA) all topped analyst expectations in their second-quarter results, with each bank raising its quarterly dividend. BMO posted the most dramatic profit surge of the three, with net income climbing 34% year-over-year to $2.63 billion, or $3.53 per diluted share, for the quarter ended April 30.

Proactive Investors • May 27, 2026

Bank of Montreal: Looking At Overvaluation And Q2

Bank of Montreal stock currently trades at an unprecedented 17x P/E, well above its historical 10-12x range. BMO's recent outperformance is driven by expectations of U.S.-centric growth post-Bank of the West integration, but I remain skeptical of sustained high returns. I maintain a Hold rating on BMO with a fair value target of $140 CAD/share, citing valuation risks and macro sensitivity.

Seeking Alpha • May 27, 2026