M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend
Rhea-AI Summary
M&T Bank Corporation (MTB) has declared a quarterly cash dividend of $0.3515625 per share on its Series H Preferred Stock. This dividend will be payable on December 15, 2022 to shareholders of record by the close of business on December 1, 2022. M&T Bank, headquartered in Buffalo, New York, is a financial holding company that offers banking products and services across the northeastern U.S., including states from Maine to Virginia and Washington, D.C.
Positive
- Quarterly dividend of $0.3515625 per share supports income for shareholders.
- Dividend payment reflects company confidence in financial stability.
Negative
- None.
News Market Reaction – MTB
In the trading session that priced this news, MTB gained 0.11%, reflecting a mild 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., Oct. 28, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of
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 |
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SOURCE M&T Bank Corporation