Bank Of Montreal And Scotiabank Q3 2020 Earnings Review: Is Their Dividend Still Safe?

About: Bank of Montreal (BMO), BNS
by: The Dividend Guy
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Scotiabank and Bank of Montreal were the first among the Canadian banks to publish their Q3 results.

As regards their dividend payment, don't expect anything out of the ordinary.

Canadian banks should continue to thrive in the upcoming years, but investors should not expect much growth this year.

Last week, I was super happy because it finally was the week of Canadian banks' Q3 earnings reports. Today, we're starting with Scotiabank (BNS) and Bank of Montreal (BMO), as they