M&T Bank Corporation Announces Quarterly Preferred Stock Dividends
October 16 2024 - 4:22PM
PR Newswire (US)
BUFFALO,
N.Y., Oct. 16, 2024 /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
December 16, 2024 to shareholders of
record at the close of business on December
2, 2024.
- 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 December 16, 2024 to shareholders of record at
the close of business on December 2,
2024.
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
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