M&T Bank Corporation Announces Third Quarter Common Stock Dividend
M&T Bank Corporation (NYSE:MTB) has declared a $1.10 quarterly cash dividend on its common stock.
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.
Rhea-AI Summary
M&T Bank Corporation (NYSE:MTB) has declared a $1.10 quarterly cash dividend on its common stock. The dividend is set to be paid on September 30, 2021, to shareholders of record as of the close of business on September 1, 2021. This announcement reflects the company's ongoing commitment to providing returns to its investors. M&T Bank operates throughout several states including New York, Maryland, and Pennsylvania, among others.
Positive
- Declared a quarterly cash dividend of $1.10 per share, demonstrating commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – MTB
The recorded move for MTB in the trading session of this news was -0.96%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BUFFALO, N.Y., Aug. 17, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of
The dividend will be payable September 30, 2021 to shareholders of record at the close of business on September 1, 2021.
About M&T
M&T Bank Corporation 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, (646) 735-1958
© 2021 M&T Bank. Member FDIC.
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SOURCE M&T Bank Corporation
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