Bank of Montreal (Quebec) | Non-cumulative Class B Preferred Shares Series 5 (BMO.PRH.CA)
Prospectus excerpt: The Non-cumulative Class B Preferred Shares Series 5 (the ‘‘Preferred Shares Series 5’’) of Bank of Montreal (the ‘‘Bank’’) will be entitled to non-cumulative preferential cash dividends, payable quarterly as and when declared by the Board of Directors. The initial dividend, payable May 25, 1998, shall be $0.3275 per share, based on the anticipated closing date of February 26, 1998. Thereafter, quarterly dividends shall be at a rate of $0.33125 per share. Reference is made to ‘‘Details of the Offering’’.
Bank of Montreal is a financial services provider based in North America. Co. conducts business through three operating groups: Personal and Commercial Banking, which provides customers with a range of financial products and services, including deposits, lending, and everyday financial and investment advice through a network of branches, dedicated contact centers, digital banking platforms and automated teller machines; BMO Wealth Management, which provides a range of wealth, asset management and insurance products and services; and BMO Capital Markets, which provides equity and debt investment and corporate banking services, as well as global market sales and trading solutions.
Bank of Montreal (Quebec) | Non-cumulative Class B Preferred Shares Series 5 (BMO.PRH.CA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com
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