Bank of Montreal BMO - Toronto

Common share dividend history. Plot two graphs from data you have downloaded from the banks website or other sources. First, plot the share price movements since January 31, 2020. Second, plot the banks dividend history since January 25, 2000. What is g, the growth rate of the dividend the period from 2000 to 2020. Note that BMOs year end is October 31. Annualize g, the growth rate of the dividend as best you can. How do you compare the return on the dividends and stock since 2000 to other possible investments establish some benchmarks, including tech stocks, U.S. banks. Ignore the fact that the data from the banks website is in Canadian dollars.

2019 Dividend =*4.12 Bank of Montreal Stock Dividends Since 2000 - Canadian Dollars Growth Rate 7.6680% Annual Year Dividend Growth Rate Bank of Montreal Stock Dividends Since 2000 - 2000$ 1.00 Annualized With Effective Growth Rate 1 2001 $ 1.12$ 1.08 $4.00 2 2002 $ 1.20$ 1.16 $3.50 3 2003 $ 1.34 $ 1.25 $3.00 4 2004 $ 1.59 $ 1.34 5 $2.50 2005$ 1.85$ 1.45 6 2006 $ 2.30 $ 1.56 $2.00 7 2007$ 2.71 $ 1.68 $1.50 8 2008 $ 2.80 $ 1.81 $1.00 9 2009 $ 2.80$ 10 2010 $ 2.80$ 2.09 11 2011 $ 2.80 $ 2.25 Annual Dividend Growth Rate 12 2012 $ 2.82 $ 2.43 13 2013 $ 2.94 $ 2.61 14 2014 $ 3.08$ 2.81 Present value = $ 1.00 15 2015$ 3.24 $ 3.03 Time = 18 16 2016 $ 3.40 $ Future value = $ 3.78 17 2017 $ 3.56 $ 3.51 18 2018$ 3.78$ 3.78 Find "g" the Growth Rate 7.6680% source: Bank of Montreal Common Share Dividend History - bmo.com https://www.bmo.com/ir/files/F18%20Files/Dividend%20File%20for%20Website%20-%20December%202018.pdf 18 - DO Y 1.94 2004 2003 2002 2018 2017 2016 2015 2014 2013 2012 2011 2010 2008 2000 2001 2009 2005 2006 2007 3.26 1.07667 Pu=$1.00 Fu = $3.78 t 18 growth rate (3.78)/18 (3.78) 0,ossss g g=7.667% i 2019 Dividend =*4.12 Bank of Montreal Stock Dividends Since 2000 - Canadian Dollars Growth Rate 7.6680% Annual Year Dividend Growth Rate Bank of Montreal Stock Dividends Since 2000 - 2000$ 1.00 Annualized With Effective Growth Rate 1 2001 $ 1.12$ 1.08 $4.00 2 2002 $ 1.20$ 1.16 $3.50 3 2003 $ 1.34 $ 1.25 $3.00 4 2004 $ 1.59 $ 1.34 5 $2.50 2005$ 1.85$ 1.45 6 2006 $ 2.30 $ 1.56 $2.00 7 2007$ 2.71 $ 1.68 $1.50 8 2008 $ 2.80 $ 1.81 $1.00 9 2009 $ 2.80$ 10 2010 $ 2.80$ 2.09 11 2011 $ 2.80 $ 2.25 Annual Dividend Growth Rate 12 2012 $ 2.82 $ 2.43 13 2013 $ 2.94 $ 2.61 14 2014 $ 3.08$ 2.81 Present value = $ 1.00 15 2015$ 3.24 $ 3.03 Time = 18 16 2016 $ 3.40 $ Future value = $ 3.78 17 2017 $ 3.56 $ 3.51 18 2018$ 3.78$ 3.78 Find "g" the Growth Rate 7.6680% source: Bank of Montreal Common Share Dividend History - bmo.com https://www.bmo.com/ir/files/F18%20Files/Dividend%20File%20for%20Website%20-%20December%202018.pdf 18 - DO Y 1.94 2004 2003 2002 2018 2017 2016 2015 2014 2013 2012 2011 2010 2008 2000 2001 2009 2005 2006 2007 3.26 1.07667 Pu=$1.00 Fu = $3.78 t 18 growth rate (3.78)/18 (3.78) 0,ossss g g=7.667%