NEW YORK (

TheStreet

) -- The ex-dividend date for

Bank of Montreal

(NYSE:

BMO

) is Monday, January 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 69 cents per share. At a price of $59.21 as of 9:30 a.m. ET, the dividend yield is 4.6%.

The average volume for Bank of Montreal has been 870,100 shares per day over the past 30 days. Bank of Montreal has a market cap of $38.44 billion and is part of the

financial

sector and

banking

industry. Shares are up 8.6% year to date as of the close of trading on Thursday.

Bank of Montreal, together with its subsidiaries, provides various retail banking, wealth management, and investment banking products and services in North America and internationally. The company has a P/E ratio of 11.5, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Bank of Montreal as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full

Bank of Montreal Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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