BMO Financial Group reports $1.87B Q2 profit, raises quarterly dividend

BMO Financial Group News

BMO Financial Group reports $1.87B Q2 profit, raises quarterly dividend
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TORONTO — BMO Financial Group raised its dividend as it reported a profit of $1.87 billion in its latest quarter, up from $1.03 billion a year earlier.

The bank says it will now pay a quarterly dividend of $1.55 per share, up four cents from $1.51 per share.

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