M&T Bank Corporation Announces First Quarter Common Stock Dividend

Rhea-AI Summary

M&T Bank Corporation (NYSE: MTB) has declared a quarterly cash dividend of $1.20 per share on its common stock. The dividend is set to be paid on March 31, 2022, to shareholders recorded by the close of business on February 28, 2022. This announcement reflects the company's ongoing commitment to returning value to shareholders through regular dividends.

Positive

• Quarterly cash dividend of $1.20 per share declared.
• Dividend payment scheduled for March 31, 2022, indicating financial stability.

Negative

• None.

BUFFALO, N.Y., Feb. 15, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.20 per share on its common stock.  The dividend will be payable March 31, 2022 to shareholders of record at the close of business on February 28, 2022.

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:
Brian Klock
(716) 842-5138

Media Contact: 
Maya Dillon
(646) 735-1958         

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-announces-first-quarter-common-stock-dividend-301483082.html

SOURCE M&T Bank Corporation

FAQ

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

M&T Bank Corporation declared a quarterly cash dividend of $1.20 per share.

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

The dividend will be paid on March 31, 2022.

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

The record date for the dividend is February 28, 2022.