M&T Bank Corporation Announces Third 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.
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 quarterly cash dividend of $1.20 per share on its common stock. This dividend is scheduled for payment on September 30, 2022, to shareholders who are on record as of the close of business on September 1, 2022. M&T, headquartered in Buffalo, New York, operates banking services across the northeastern U.S. from Maine to Virginia and offers trust-related services globally.
Positive
- Quarterly cash dividend of $1.20 per share
- Demonstrates strong cash flow and commitment to returning value to shareholders
Negative
- None.
Details
News Market Reaction – MTB
The recorded move for MTB in the trading session of this news was -0.36%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BUFFALO, N.Y., Aug. 16, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of
The dividend will be payable Sept. 30, 2022 to shareholders of record at the close of business on Sept. 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:
Julia Berchou
716-842-5385
View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-announces-third-quarter-common-stock-dividend-301607135.html
SOURCE M&T Bank Corporation
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