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M&T Bank Corporation Announces Second Quarter Common Stock Dividend

M&T Bank Corporation (NYSE:MTB) has declared a quarterly cash dividend of $1.20 per share on its common stock.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

M&T Bank Corporation (NYSE:MTB) has declared a quarterly cash dividend of $1.20 per share on its common stock. This dividend will be payable on June 30, 2022 to shareholders of record as of the close of business on June 1, 2022. Headquartered in Buffalo, New York, M&T operates in 12 states along the eastern U.S. and offers a range of banking and trust-related services.

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Positive

  • Quarterly cash dividend of $1.20 per share, providing income to shareholders.

Negative

  • None.
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-2.95% session move Open Argus
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News Market Reaction – MTB

The recorded move for MTB in the trading session of this news was -2.95%.

Data tracked by StockTitan Argus. Session date unavailable.

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BUFFALO, N.Y., May 17, 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 June 30, 2022 to shareholders of record at the close of business on June 1, 2022.

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 eastern 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

M&T Bank Corporation

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-announces-second-quarter-common-stock-dividend-301549604.html

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 Corporation?

M&T Bank Corporation has declared a quarterly cash dividend of $1.20 per share.

When is the dividend payable for M&T Bank Corporation?

The dividend will be payable on June 30, 2022.

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

The record date for the dividend is June 1, 2022.

How frequently does M&T Bank Corporation pay dividends?

M&T Bank Corporation typically pays dividends on a quarterly basis.

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