M&T Bank Corporation Announces Quarterly Preferred Stock Dividends

Rhea-AI Summary

M&T Bank (NYSE: MTB) has announced its quarterly preferred stock dividend declarations. The company will distribute two different preferred stock dividends:

1. A dividend of $0.3515625 per share on Series H Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock

2. A dividend of $187.50 per share (equivalent to $0.46875 per depositary share) on Series J Perpetual 7.500% Non-Cumulative Preferred Stock

Both dividends are scheduled for payment on June 16, 2025, with a record date of June 2, 2025.

Positive

• Consistent quarterly dividend payments maintained for preferred stockholders
• 7.500% dividend rate on Series J preferred stock indicates strong yield

Negative

• None.

BUFFALO, N.Y., April 15, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends on the following series of perpetual preferred stock:

• A dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock"), payable June 16, 2025 to shareholders of record at the close of business on June 2, 2025.
• A dividend of $187.50 per share (equivalent to $0.46875 per depositary share) on its Perpetual 7.500% Non-Cumulative Preferred Stock, Series J ("Series J Preferred Stock"), payable June 16, 2025 to shareholders of record at the close of business June 2, 2025.

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 for MTB Series H preferred stock in Q2 2025?

M&T Bank's Series H preferred stock dividend for Q2 2025 is $0.3515625 per share, payable June 16, 2025.

When is the record date for MTB's preferred stock dividend payment in June 2025?

The record date for both Series H and Series J preferred stock dividends is June 2, 2025.

How much is MTB's Series J preferred stock dividend per depositary share?

MTB's Series J preferred stock dividend is $0.46875 per depositary share ($187.50 per whole share).

What is the payment date for MTB's Q2 2025 preferred stock dividends?

Both Series H and Series J preferred stock dividends will be paid on June 16, 2025.