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M&T Bank Corporation Announces Third Quarter Common Stock Dividend

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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.

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Positive

  • Declared a quarterly cash dividend of $1.10 per share, demonstrating commitment to shareholder returns.

Negative

  • None.

News Market Reaction – MTB

-0.96%
-0.96% Session move

In the trading session that priced this news, MTB declined 0.96%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 $1.10 per share on its common stock.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-announces-third-quarter-common-stock-dividend-301357292.html

SOURCE M&T Bank Corporation

FAQ

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

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

When will the dividend be paid to shareholders of M&T Bank Corporation?

The dividend will be paid on September 30, 2021.

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

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