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Bank of Montreal (NYSE:BMO) reported quarterly earnings of $2.86 per share which beat the analyst consensus estimate of $2.71 by 5.54 percent. This is a 21.7 percent increase over earnings of $2.35 per share from the
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The Office of the Comptroller of the Currency said Wednesday, October 14, that several of America’s largest banks denied services to customers and lawful businesses because of their political or religious beliefs and affiliations.
Dividend 15 Split Corp. has renewed its at-the-market (ATM) equity program, effective until November 7, 2028, allowing the company to issue up to $600 million in Class A and Preferred Shares through the TSX. The program will be administered by National Bank Financial Inc., with proceeds to be invested in a portfolio of 14 leading Canadian dividend-yielding stocks.
Six Canadian banks are jointly exploring the development of Canadian dollar based digital money solutions, starting with a tokenized deposits initiative. This collaborative effort reflects a shared view that as digital
Canadian Banc Corp. declares monthly distributions of $0.20675 per Class A share and $0.04958 per Preferred share, payable October 9, 2026. Class A dividends are determined by applying a 15% annualized rate on the three-day volume weighted average market price, maintaining a stable 15% yield. The company invests in a diversified portfolio of six major Canadian banks and employs covered call writing strategies to generate additional returns.