M&T Bank Corporation Announces First Quarter Common Stock Dividend

M&T Bank Corporation (NYSE:MTB) has declared a quarterly cash dividend of $1.10 per share on its common stock.

Rhea-AI Summary

M&T Bank Corporation (NYSE:MTB) has declared a quarterly cash dividend of $1.10 per share on its common stock. This dividend will be paid on March 31, 2021, to shareholders who are on record by the close of business on March 1, 2021. The bank operates across several states, including New York, Maryland, and Pennsylvania, and offers trust-related services through its affiliates. This announcement highlights the bank's ongoing commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $1.10 per share declared.
• Dividend payment date set for March 31, 2021, indicating financial stability.
• Commitment to return value to shareholders.

Negative

• None.

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BUFFALO, N.Y., Feb. 17, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.10 per share on its common stock.  The dividend will be payable March 31, 2021 to shareholders of record at the close of business on March 1, 2021.

About M&T Bank
M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.

Investor Contact: 
Donald J. MacLeod
(716) 842–5138

Media Contact: 
C. Michael Zabel
(716) 842-5385 

 

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SOURCE M&T Bank Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by M&T Bank?

M&T Bank declared a quarterly cash dividend of $1.10 per share.

When will the dividend be paid?

The dividend will be payable on March 31, 2021.

What is the record date for the dividend?

The record date for the dividend is March 1, 2021.

How often does M&T Bank pay dividends?

M&T Bank pays dividends quarterly.