BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB) announced it has increased its quarterly cash dividend to 75 cents per share on its common stock.
That’s up 5 cents a share, or 7 percent, from the previous 70 cents per share that M&T paid quarterly since September 2007.
The new dividend will be payable on March 31 to shareholders of record at the close of business on March 6, the banking company said.
(Sponsored)
Would Your Nonprofit Be Prepared to Handle an Audit?
Although some may see them as a headache, audits play a very important purpose in the operation of a nonprofit. For starters, audits are designed to help organizations build long-term
Inflation and Insurance Rates: How to Offset the Impact
Many industries have been hit by inflation where it hurts the most, our pockets. Inflation is raising the price of goods and services including food, housing, transportation, and medical care.
Buffalo–based M&T Bank operates branches in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia.
M&T ranks number one in deposit market share in the 16-county Central New York area.
Contact Rombel at arombel@cnybj.com
