Bank of Montreal Raises Dividend After Rise in Quarterly Earnings - WSJ
1. BMO's Q2 earnings exceeded expectations, supported by wealth management and U.S. income. 2. Quarterly dividend raised to C$1.63, yielding 4.5% annually based on share price. 3. US trade policies may negatively affect Canadian exports and increase credit loss provisions. 4. BMO reported a total credit loss provision of C$1.05 billion this quarter. 5. Ongoing U.S. levies might slow Canadian GDP and affect market confidence.