The $0.3516 payout on MTB.PR.H yields 5.59% and will be distributed to shareholders of record by September 1.
M&T Bank Corporation announced a $0.3516 per share quarterly dividend for its FIX TO FLT Preferred Series H (MTB.PR.H). The dividend offers a forward yield of 5.59% based on current pricing.
The payout is payable on September 15 to shareholders of record as of September 1, with an ex-dividend date set for September 1. The announcement follows the bank’s standard quarterly dividend schedule.
No immediate market reaction was disclosed in the release.