Dividend Advisor Hotline – Friday, January 7, 2022

BANK OF MONTREAL, $143.11, Toronto symbol BMO, remains a buy.

Canada’s banking regulator—the Office of the Superintendent of Financial Institutions (OFSI)—recently lifted the restrictions on capital distributions it placed on banks and insurers in March 2020 due to COVID-19 uncertainty.

As a result, Bank of Montreal is… Read More

BMO hikes dividend 25.5%

BANK OF MONTREAL $138 is a buy. The bank (Toronto symbol BMO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 647.3 million; Market cap: $89.3 billion; Price-to-sales ratio: 3.3; Dividend yield: 3.9%; TSINetwork Rating: Above Average; www.bmo.com) is raising your dividend by 25.5%. Starting with the February… Read More

You should expect a dividend hike soon

BANK OF MONTREAL $126 is a buy. The bank (Toronto symbol BMO; Income-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 647.3 million; Market cap: $81.6 billion; Dividend yield: 3.4%; Dividend Sustainability Rating: Highest; www.bmo.com) increased its quarterly dividend by 2.9% with the February 2020 payment… Read More

These ETFs aim to let you invest responsibly

Over the last few years, more and more ETF managers have launched funds focused on taking environmental, social, and governance (ESG) factors into account.
Sustainable investing offers some investors a lot of conceptual and emotional appeal. But does investing in these kind of stocks hurt your… Read More