M&T Bank Corporation (
) will begin trading ex-dividend on August 29, 2013. A cash
dividend payment of $0.7 per share is scheduled to be paid on
September 30, 2013. Shareholders who purchased MTB stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This marks the 25th quarter that MTB has paid the same dividend. At
the current stock price of $114.41, the dividend yield is
The previous trading day's last sale of MTB was $114.41,
representing a -4.29% decrease from the 52 week high of $119.54 and
a 32.51% increase over the 52 week low of $86.34.
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 $8.86. Zacks Investment Research reports MTB's
forecasted earnings growth in 2013 as 11.18%, compared to an
industry average of 6.2%.
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 (
- Guggenheim S&P 500 Equal Weight Financials ETF (
- iShares Morningstar Mid Value Index Fund (
The top-performing ETF of this group is IAT with an increase of
13.34% over the last 100 days. KBWB has the highest percent
weighting of MTB at 4.51%.