M&T Bank Announces Quarterly Preferred Stock Dividends
M&T Bank Corporation (NYSE: MTB) recently declared its quarterly cash dividends on several series of perpetual preferred stock. These announcements are a testament to the bank's ongoing commitment to shareholder returns.
Details of the Dividends
Series H Preferred Stock
One notable dividend is for the Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H. Shareholders will receive a dividend of $0.3515625 per share, which is payable to those who are on record by a specific date. This dividend demonstrates M&T's reliability and dedication to its investors.
Series J Preferred Stock
In addition, a dividend of $187.50 per share has been declared for the Perpetual 7.500% Non-Cumulative Preferred Stock, Series J. This also signifies an attractive opportunity for investors seeking stable returns from a trusted financial institution.
About M&T Bank Corporation
M&T Bank Corporation serves as a financial holding company with its headquarters located in Buffalo, New York. The principal subsidiary, M&T Bank, offers a broad array of banking products and services throughout several states in the northeastern United States, reaching from Maine to Virginia. This extensive footprint allows M&T Bank to cater to a diverse customer base.
Trust-Related Services
The bank's Wilmington Trust-affiliated companies provide trust-related services that further enhance their service offerings, both in the U.S. and internationally. Such services add a layer of expertise in asset management and financial planning for clients.
Investor Relations
Communication with investors is vital. Brian Klock, the Investor Contact, is available at (716) 842-5138 for any inquiries or further information regarding the preferred stock dividends and other shareholder-related questions.
Media Inquiries
For media-related questions, Frank Lentini can be reached at (929) 651-0447. The media plays an essential role in conveying the bank's message, and maintaining open lines of communication ensures that stakeholders remain well-informed.
Frequently Asked Questions
What are the declared dividends for M&T Bank's preferred stocks?
M&T Bank announced a dividend of $0.3515625 for Series H and $187.50 for Series J preferred stocks.
When will the dividends be paid?
The dividends are payable on a specified date to shareholders of record by a defined cutoff date.
What services does M&T Bank offer?
M&T Bank provides a wide range of banking products and services across the northeastern U.S., along with trust-related services through its Wilmington Trust-affiliated companies.
Who can I contact for investor inquiries?
For investor inquiries, reach out to Brian Klock at (716) 842-5138.
How can media representatives get in touch?
Media representatives can contact Frank Lentini at (929) 651-0447 for inquiries or further information.
