M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend

Rhea-AI Summary

M&T Bank Corporation (NYSE: MTB) has declared a $1.10 cash dividend per share on its common stock for the fourth quarter of 2020. This dividend will be paid on December 31, 2020, to shareholders of record as of the close of business on December 1, 2020. M&T Bank operates in multiple states, including New York, Maryland, and Pennsylvania, providing a range of banking services.

Positive

• Quarterly dividend of $1.10 per share reinforces shareholder income.
• Strong commitment to returning value to shareholders.

Negative

• None.

BUFFALO, N.Y., Nov. 17, 2020 /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 December 31, 2020 to shareholders of record at the close of business on December 1, 2020.

About M&T Bank
M&T 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 J. MacLeod
(716) 842–5138

Media Contact: 
C. Michael Zabel
(716) 842-5385          

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SOURCE M&T Bank Corporation

FAQ

What is the dividend amount declared by M&T Bank Corporation for Q4 2020?

M&T Bank Corporation declared a dividend of $1.10 per share for Q4 2020.

When will the dividend be paid to shareholders?

The dividend will be paid on December 31, 2020.

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

The record date for the dividend is December 1, 2020.

How does the dividend impact M&T Bank shareholders?

The dividend provides income for shareholders, reflecting M&T Bank's commitment to returning value.