BMO Yield Hits 10 Percent

Hard to believe. From the Globe and Mail:

Although all Canadian banks have been beaten up and bloodied, Bank of Montreal remains the most unrecognizable casualty. On Wednesday, BMO touched a new multi-year low of $26.81: Its dividend yield rose above 10 per cent, making it the only Canadian big bank to join the double-digit club.

26.81 takes the share price a very long way back in time. Lots of lost value in that stock.


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