Bank of Montreal (Quebec) | Non-cumulative Perpetual Class B Preferred Shares Series 14 (BMO.PRK.CA)
Prospectus excerpt: Class B – Series 14 shares are redeemable at our option starting November 25, 2012 for $25.00 cash per share, plus a premium if we redeem the shares before November 25, 2016. The shares may be convertible into another series of preferred shares at the option of the holder. The shares carry a non-cumulative quarterly dividend at a rate of $0.328125 per share.
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 Perpetual Class B Preferred Shares Series 14 (BMO.PRK.CA) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com