M&T Bank CorporationMTB
± MixedCapitalrelevance
Routine dividend declaration on preferred stock; no material impact on common equity or business outlook.

M&T Bank Corporation declared a quarterly dividend of $0.3516 per share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series H. The dividend is payable on September 15 to shareholders of record as of September 1, with the ex-dividend date also set for September 1. Based on the announcement, the forward yield on the preferred shares stands at 5.59%.
M&T Bank CorporationRoutine dividend declaration on preferred stock; no material impact on common equity or business outlook.