M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend

Rhea-AI Summary

M&T Bank Corporation (NYSE:MTB) Declares Quarterly Cash Dividend of $1.30 per Share

Positive

• M&T Bank Corporation declares a quarterly cash dividend of $1.30 per share on its common stock, providing shareholders with a steady income stream.
• The dividend will be payable on December 29, 2023, to shareholders of record at the close of business on December 1, 2023, indicating the company's commitment to rewarding its investors.
• The announcement reflects M&T's confidence in its financial position and its ability to generate sustainable profits for shareholders.

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• None.

BUFFALO, N.Y., Nov. 14, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.30 per share on its common stock. The dividend will be payable December 29, 2023, to shareholders of record at the close of business on December 1, 2023.

About M&T
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:
Frank Lentini
(929) 651-0447

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SOURCE M&T Bank Corporation

FAQ

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

M&T Bank Corporation has declared a quarterly cash dividend of $1.30 per share on its common stock.

When will the dividend be payable to shareholders?

The dividend will be payable on December 29, 2023, to shareholders of record at the close of business on December 1, 2023.

What is the ticker symbol of M&T Bank Corporation?

The ticker symbol of M&T Bank Corporation is MTB.