M&T Bank Corporation (
) will begin trading ex-dividend on May 29, 2014. A cash dividend
payment of $0.7 per share is scheduled to be paid on June 30, 2014.
Shareholders who purchased MTB stock prior to the ex-dividend date
are eligible for the cash dividend payment. This marks the 28th
quarter that MTB has paid the same dividend. At the current stock
price of $121.45, the dividend yield is 2.31%.
The previous trading day's last sale of MTB was $121.45,
representing a -2.18% decrease from the 52 week high of $124.16 and
a 20.64% increase over the 52 week low of $100.67.
MTB is a part of the Finance sector, which includes companies
such as Wells Fargo & Company (
) and J P Morgan Chase & Co (
). MTB's current earnings per share, an indicator of a company's
profitability, is $7.83. Zacks Investment Research reports MTB's
forecasted earnings growth in 2014 as -9.48%, compared to an
industry average of 2.4%.
For more information on the declaration, record and payment
dates, visit the
has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to MTB through an Exchange
Traded Fund [ETF]?
The following ETF(s) have MTB as a top-10 holding:
- PowerShares KBW Bank Portfolio ETF (
- iShares U.S. Regional Banks ETF (
- iShares Morningstar Mid Value Index Fund (
The top-performing ETF of this group is JKI with an increase of
5.02% over the last 100 days. KBWB has the highest percent
weighting of MTB at 4.18%.