1. M&T Bank declared a quarterly dividend of $1.35 per share. 2. The dividend payment is scheduled for March 31, 2025. 3. Shareholders must be recorded by March 3, 2025, to qualify for dividend.
Dividends signify financial stability, boosting investor confidence in MTB. Historically, dividend increases have positively impacted stock prices.
Dividend announcements are crucial for investors; they indicate profitability and cash flow health. This can lead to significant trading activity around the announcement date.
The dividend declaration impacts immediate investor sentiment and short-term stock movements. Similar declarations have prompted short-term gains previously.
BUFFALO, N.Y., Feb. 19, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. The dividend will be payable March 31, 2025, to shareholders of record at the close of business on March 3, 2025.
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 with a branch and ATM network spanning the eastern 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.
Brian Klock
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Frank Lentini
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