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

Rhea-AI Summary

M&T Bank Corporation (MTB) has declared a quarterly cash dividend of $0.3515625 per share on its Series H Preferred Stock. This dividend will be payable on December 15, 2022 to shareholders of record by the close of business on December 1, 2022. M&T Bank, headquartered in Buffalo, New York, is a financial holding company that offers banking products and services across the northeastern U.S., including states from Maine to Virginia and Washington, D.C.

Positive

• Quarterly dividend of $0.3515625 per share supports income for shareholders.
• Dividend payment reflects company confidence in financial stability.

Negative

• None.

BUFFALO, N.Y., Oct. 28, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that 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 December 15, 2022 to shareholders of record at the close of business on December 1, 2022.

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, 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

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-bank-corporation-announces-series-h-preferred-stock-quarterly-dividend-301662726.html

SOURCE M&T Bank Corporation

FAQ

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

M&T Bank Corporation has declared a dividend of $0.3515625 per share on its Series H Preferred Stock.

When is the dividend payable for M&T Bank Corporation (MTB)?

The dividend will be payable on December 15, 2022.

What is the record date for the dividend from M&T Bank Corporation (MTB)?

The record date for the dividend is December 1, 2022.

How often does M&T Bank Corporation (MTB) pay dividends?

M&T Bank Corporation pays quarterly dividends.