M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend

Rhea-AI Summary

M&T Bank Corporation (NYSE: MTB) has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H. This dividend is payable on March 15, 2023, to shareholders recorded at the close of business on March 1, 2023. M&T Bank operates across 12 states in the northeastern U.S., including services from Maine to Virginia.

Positive

• Quarterly cash dividend of $0.3515625 per share announced.
• Dividend payment date set for March 15, 2023.

Negative

• None.

News Market Reaction – MTB

+5.49%

+5.49% Session move

In the trading session that priced this news, MTB gained 5.49%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

BUFFALO, N.Y., Jan. 18, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock").  The dividend will be payable March 15, 2023 to shareholders of record at the close of business on March 1, 2023.

About M&T 
M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the northeastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.

Investor Contact:	Brian Klock
	(716) 842–5138
Media Contact:	Maya Dillon
	(646) 735-1958

View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-announces-series-h-preferred-stock-quarterly-dividend-301725238.html

SOURCE M&T Bank Corporation

FAQ

What is M&T Bank's quarterly dividend amount for Series H Preferred Stock?

The quarterly dividend amount for M&T Bank's Series H Preferred Stock is $0.3515625.

When will M&T Bank's Series H Preferred Stock dividend be paid?

The dividend for M&T Bank's Series H Preferred Stock will be paid on March 15, 2023.

Who is eligible for the dividend payment from M&T Bank?

Shareholders on record at the close of business on March 1, 2023, are eligible for the dividend payment.