M&T Bank Corporation (
) has announced an ex-dividend date of November 29, 2012 and a cash
dividend payment of $0.7 per share scheduled for December 31, 2012.
Shareholders who purchased MTB stock prior to the ex-dividend date
are eligible for the cash dividend payment. This marks the 22nd
quarter that MTB has paid the same dividend. At the current stock
price of $98.91, the dividend yield is 2.83%.
The previous trading day's last sale of MTB was $98.91,
representing a -6.1% decrease from the 52 week high of $105.33 and
a 45.65% increase over the 52 week low of $67.91.
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 $6.42. Zacks Investment Research reports MTB's
forecasted earnings growth in 2012 as 15.42%, compared to an
industry average of 11.4%.
For more information on the declaration, record and payment
dates, visit the
Interested in gaining exposure to MTB through an Exchange
Traded Fund (
The following ETF(s) have MTB as a top-10 holding:
- PowerShares KBW Bank Portfolio ETF (
- iShares Dow Jones U.S. Regional Banks Index Fund (
- SPDR Bank ETF (
- SPDR S&P Regional Banking ETF (
- iShares Morningstar Mid Value Index Fund (
The top-performing ETF of this group is JKI with an increase of
8.96% over the last 100 days. KBWB has the highest percent
weighting of MTB at 4.39%.