Bank of Montreal is the eighth largest bank in North America by assets. It provides diversified financial services and products in personal and commercial banking, wealth management and investment banking segments, to a wide range of customers including more than 12 million individuals, businesses, governments and corporate customers across Canada and the U.S. By geography, Canada is its largest market accounting for over 60% of net income, followed by the US (28%) and other countries (9%) like Europe, Asia, the Middle East and South America. The bank has a strong presence across regional economies and markets around the world and is in a good position to address the growing cross border needs of corporate customers. It owns a network of more than 900 branches and ATMs and operates through Canadian Personal and Commercial Banking (41% of net income), U.S. P&C (23%), BMO Wealth Management (18%) and BMO Capital Markets (18%) operating groups.
Canadian investors have one thing in common: Canadian Bank Stocks. If you ask any Canadian dividend investor, you will find at least one bank. For many, it’s a core holding and it’s also what I suggest for a beginner portfolio. … Read more
Looking for the best of the best dividend stocks? The Canadian Dividend Aristocrats list is the perfect place to start. As you start, you can see the list of stocks (Excel export) to learn more about their yield and dividend … Read more
Getting US dividends from Canadian stocks is a lot simpler than you may think even if you feel the US dollar is expensive. The strategy is simple with the right discount broker. Why Get US Dividends from Canadian Stocks? As … Read more
As a Canadian, in order to build up US funds, I have held cross-listed Canadian companies on the US stock exchange to earn dividends in US dollars. When the currency exchange is not on par, that’s one way to generate … Read more
Can blue chip stocks be part of your winning investment strategy? A successful long-term approach to investing is to pick winning dividend stocks to hold forever and as you probably know, it’s a lot harder to do for a consistent … Read more
A dividend ETF tracks an index consisting of dividend paying stocks. Different ETFs apply different dividend strategies. For instance, a few funds select stocks based on their dividend yields, while some select based on market capitalizations or locations. Investors especially … Read more
Bank of Montreal is a diversified financial services provider and the eighth largest bank in North America by assets. Bank of Montreal provides a large portfolio of products and services in personal and commercial banking, wealth management and investment banking … Read more
What makes you buy BMO Monthly Income fund? Is it the income to the detriment of stock appreciation? How does it fit in your investing strategy? Does are questions you should ask yourself when it comes to many mutual funds. … Read more