M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend

(Neutral)

Rhea-AI Summary

M&T Bank Corporation (NYSE: MTB) has announced a quarterly cash dividend of $1.20 per share on its common stock. Shareholders of record as of December 1, 2022 will receive the dividend, which is payable on December 30, 2022. This decision reflects M&T's ongoing commitment to delivering value to its shareholders.

Positive

Quarterly cash dividend of $1.20 per share demonstrates the company's commitment to shareholder returns.

Negative

None.

News Market Reaction – MTB

-0.72%

-0.72% Session move

In the trading session that priced this news, MTB declined 0.72%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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11/15/2022 - 04:25 PM

BUFFALO, N.Y., Nov. 15, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.20 per share on its common stock. The dividend will be payable December 30, 2022 to shareholders of record at the close of business on December 1, 2022.

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, 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-fourth-quarter-common-stock-dividend-301679256.html

SOURCE M&T Bank Corporation

FAQ

When is the M&T Bank dividend payment due for Q4 2022?

The dividend payment is due on December 30, 2022.

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

The declared dividend amount is $1.20 per share.

Who is eligible to receive the M&T Bank dividend?

Shareholders of record as of December 1, 2022, are eligible.

How often does M&T Bank Corporation declare dividends?

M&T Bank typically declares dividends quarterly.