M&T Bank Corporation (
) will begin trading ex-dividend on May 30, 2013. A cash dividend
payment of $0.7 per share is scheduled to be paid on June 28, 2013.
Shareholders who purchased MTB stock prior to the ex-dividend date
are eligible for the cash dividend payment. This marks the 24th
quarter that MTB has paid the same dividend. At the current stock
price of $106.08, the dividend yield is 2.64%.
The previous trading day's last sale of MTB was $106.08,
representing a -1.24% decrease from the 52 week high of $107.41 and
a 37.91% 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 $8.02. Zacks Investment Research reports MTB's
forecasted earnings growth in 2013 as 4.44%, 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:
- N/A (PJB)
- 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 KBWB with an increase of
17.2% over the last 100 days. PJB has the highest percent weighting
of MTB at 4.91%.