M&T Bank Corporation (
) will begin trading ex-dividend on February 28, 2013. A cash
dividend payment of $0.7 per share is scheduled to be paid on March
29, 2013. Shareholders who purchased MTB stock prior to the
ex-dividend date are eligible for the cash dividend payment. This
marks the 23rd quarter that MTB has paid the same dividend.
The previous trading day's last sale of MTB was $101.86,
representing a -3.81% decrease from the 52 week high of $105.90 and
a 32.42% increase over the 52 week low of $76.92.
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 $7.54. Zacks Investment Research reports MTB's
forecasted earnings growth in 2013 as 5.17%, compared to an
industry average of 2.9%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to MTB through an Exchange
Traded Fund [ETF]?
The following ETF(s) have MTB as a top-10 holding:
- PowerShares Dynamic Banking Sector Portfolio (
- PowerShares KBW Bank Portfolio ETF (
- iShares Dow Jones U.S. Regional Banks Index Fund (
- SPDR Bank ETF (
- SPDR S&P Regional Banking ETF (
The top-performing ETF of this group is KBE with an increase of
10.59% over the last 100 days. PJB has the highest percent
weighting of MTB at 4.91%.