Bank of Montreal today announced that its Board of Directors declared a quarterly dividend of $0.90 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2017, unchanged from the previous quarter and up 5% from a year ago. The dividend on the common shares is payable on November 28, 2017, to shareholders of record on November 1, 2017.
Torchmark Corporation announced that its Board of Directors has declared a quarterly dividend of $.15 per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company's transfer agent on October 6, 2017. The dividend will be paid on November 1, 2017.
United Bankshares announced that at its August 28, 2017 board meeting, the Board of Directors declared a third quarter dividend of $0.33 per share for shareholders of record as of September 8, 2017. The dividend payout of approximately $34.6 million on 105.0 million shares is payable October 2, 2017. United has increased its dividend to shareholders for 43 consecutive years. Only one other major banking company in the USA has achieved such a dividend record.
Hampton Roads based TowneBank announced today that its Board of Directors on August 23, 2017 declared its third-quarter shareholder cash dividend of $0.14 per common share payable on October 12, 2017 to shareholders of record on September 29, 2017.
Meta Financial Group announced that the Company will pay a cash dividend of $0.13 per share for the fourth fiscal quarter of 2017. This dividend will be payable on October 2, 2017 to shareholders of record as of September 8, 2017.
For MarketNewsVideo.com, I'm Sayoko Murase.