Bank of Montreal Posts 37% Rise In Q3 Profit, Lifts Dividend


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Bank of Montreal (NYSE: BMO) reported a 37% rise in its third-quarter profit and lifted its quarterly dividend.BMO's quarterly earnings surged to C$970 million ($979.95 million), or C$1.42 per share, from C$708 million, or C$1.09 per share, in the year-ago period. Excluding items, BMO earned C$1.49 per share, beating analysts' estimates of C$1.39 per share.BMO also lifted its quarterly dividend by 2 Canadian cents per share to 72 Canadian cents per share.BMO shares gained 0.05% to close at $58.21 yesterday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsNewsDividendsprofit