M&T Bank Corporation Announces Series H Preferred Stock Quarterly Dividend

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M&T Bank Corporation (NYSE:MTB) declared a quarterly cash dividend of $0.3515625 per share on its Series H Preferred Stock. The dividend is scheduled for payment on June 15, 2022, to shareholders on record by the close of business on June 1, 2022. Headquartered in Buffalo, New York, M&T provides banking services across 12 states, from Maine to Virginia, and offers trust-related services through its Wilmington Trust affiliates.

Positive

• Quarterly cash dividend of $0.3515625 per share enhances shareholder income.
• Confidence in ongoing dividend payments reflects financial stability.

Negative

• None.

BUFFALO, N.Y., April 19, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today it has declared a quarterly cash dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock").

The dividend will be payable June 15, 2022 to shareholders of record at the close of business on June 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:  
Maya Dillon  
(646) 735-1958          

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SOURCE M&T Bank Corporation

FAQ

What is the dividend amount announced by M&T Bank?

M&T Bank announced a quarterly cash dividend of $0.3515625 per share.

When will the M&T Bank dividend be paid?

The dividend will be payable on June 15, 2022.

What is the record date for the M&T Bank dividend?

Shareholders must be on record by the close of business on June 1, 2022.

How does the dividend impact M&T Bank shareholders?

The dividend provides income to shareholders and signals financial confidence.