NEW YORK (

TheStreet

) -- The ex-dividend date for

Bank of Montreal

(NYSE:

BMO

) is tomorrow, October 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 71 cents per share. At a price of $60.88 as of 9:30 a.m. ET, the dividend yield is 4.8%.

The average volume for Bank of Montreal has been 1.2 million shares per day over the past 30 days. Bank of Montreal has a market cap of $37.4 billion and is part of the

financial

sector and

banking

industry. Shares are up 3.1% year to date as of the close of trading on Wednesday.

Bank of Montreal, together with its subsidiaries, provides a range of retail banking, wealth management, and investment banking products and solutions in North America and internationally. The company has a P/E ratio of 10.9, below the average banking industry P/E ratio of 11 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 growth in earnings per share, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow 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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