M&T Bank Corporation Announces Second Quarter Common Stock Dividend

Rhea-AI Summary

M&T Bank Corporation (NYSE: MTB) declared a quarterly cash dividend of $1.10 per share on its common stock, payable on June 30, 2021. Shareholders of record as of June 1, 2021 will receive the dividend. The announcement reflects M&T's commitment to returning value to its shareholders while maintaining its operational presence across several states including New York, Maryland, and Pennsylvania. M&T continues to focus on its banking and trust-related services to bolster its market position.

Positive

• Declared $1.10 per share dividend, demonstrating confidence in financial stability.
• Dividend payment date set for June 30, 2021, providing timely income for shareholders.

Negative

• None.

BUFFALO, N.Y., May 18, 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 June 30, 2021 to shareholders of record at the close of business on June 1, 2021.

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 MacLeod
(716) 842–5138               

Media Contact:
Maya Dillon
(212) 415-0557
mdillon@wilmingtontrust.com

 

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/mt-bank-corporation-announces-second-quarter-common-stock-dividend-301294321.html

SOURCE M&T Bank Corporation

FAQ

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

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

When will M&T Bank Corporation's dividend be paid?

The dividend will be paid on June 30, 2021.

What is the record date for M&T Bank Corporation's dividend?

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

How often does M&T Bank Corporation pay dividends?

M&T Bank Corporation pays dividends quarterly.