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BMO Financial Group Declares Dividend

February 25, 2014



TORONTO, ONTARIO--(Marketwired - Feb. 25, 2014) - Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that the Board of Directors declared a quarterly dividend of $0.76 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2014, unchanged from the previous quarter.

The Board of Directors also declared dividends of:

-- $0.28125 a share on paid-up Class B Preferred Shares Series 13; -- $0.328125 a share on paid-up Class B Preferred Shares Series 14; -- $0.3625 a share on paid-up Class B Preferred Shares Series 15; -- $0.211875 a share on paid-up Class B Preferred Shares Series 16; -- $0.154714 a share on paid-up Class B Preferred Shares Series 17; -- $0.40625 a share on paid-up Class B Preferred Shares Series 21; -- $0.3375 a share on paid-up Class B Preferred Shares Series 23; and -- $0.24375 a share on paid-up Class B Preferred Shares Series 25



The dividend on the common shares is payable on May 27, 2014, to shareholders of record on May 1, 2014. The dividends on the preferred shares are payable on May 26, 2014, to shareholders of record on May 1, 2014.

The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

Common shareholders may elect to have their cash dividends reinvested in common shares of the Bank in accordance with the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan (the Plan). Under the Plan, the Bank determines whether the additional common shares will be purchased on the open market or issued by the Bank from treasury, and any applicable discount from the average market price of the common shares (as defined in the Plan). Until further notice, the common shares purchased under the Plan will be issued by the Bank from treasury without discount.

FOR FURTHER INFORMATION PLEASE CONTACT: For News Media Enquiries: Ralph Marranca, Toronto (416) 867-3996 ralph.marranca@bmo.comRonald Monet, Montreal (514) 877-1873 ronald.monet@bmo.com For Investor Relations Enquiries: Sharon Haward-Laird, Toronto (416) 867-6656 sharon.hawardlaird@bmo.comAndrew Chin, Toronto (416) 867-7019 andrew.chin@bmo.com Internet: www.bmo.com Source: BMO Bank of Montreal


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Source: Marketwire (Canada)


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