BMO announces the results of a conversion privilege for Class B preferred shares, Series 44, with an interest rate adjustment every 5 years and a non-cumulative dividend (emergency capital in the event of non-profitability) – LeLézard.com
Class in: OffersTheme : Dividends/Discounts MONTRAL, Nov. 16, 2023 /CNW/ – The Bank of Montreal (the Bank) (TSX: BMO) (NYSE: BMO) today announced that none of its 16 million shares of Class B, Series 44 preferred stock will be subject to a rate adjustment every 5 years subject to and non-cumulative dividend (Emergency Capital for … [Read more…]