M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend
Rhea-AI Summary
M&T Bank Corporation (NYSE:MTB) declared a quarterly cash dividend of $0.3515625 per share on its Series H Preferred Stock. The dividend is scheduled for payment on June 15, 2022, to shareholders on record by the close of business on June 1, 2022. Headquartered in Buffalo, New York, M&T provides banking services across 12 states, from Maine to Virginia, and offers trust-related services through its Wilmington Trust affiliates.
Positive
- Quarterly cash dividend of $0.3515625 per share enhances shareholder income.
- Confidence in ongoing dividend payments reflects financial stability.
Negative
- None.
News Market Reaction – MTB
In the trading session that priced this news, MTB gained 8.82%, 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.
BUFFALO, N.Y., April 19, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today it has declared a quarterly cash dividend of
The dividend will be payable June 15, 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 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
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SOURCE M&T Bank Corporation