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M&T Bank Corporation (MTB) Ex-Dividend Date Scheduled for May 28, 2015

M&T Bank Corporation ( MTB ) will begin trading ex-dividend on May 28, 2015. A cash dividend payment of $0.7 per share is scheduled to be paid on June 30, 2015. Shareholders who purchased MTB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 32nd quarter that MTB has paid the same dividend. At the current stock price of $122.09, the dividend yield is 2.29%.

The previous trading day's last sale of MTB was $122.09, representing a -5.78% decrease from the 52 week high of $129.58 and a 9.22% increase over the 52 week low of $111.78.

MTB is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). MTB's current earnings per share, an indicator of a company's profitability, is $7.46. Zacks Investment Research reports MTB's forecasted earnings growth in 2015 as 3.33%, compared to an industry average of 6.4%.

For more information on the declaration, record and payment dates, visit the MTB Dividend History page. Our Dividend Calendar 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:

  • iShares U.S. Regional Banks ETF ( IAT )
  • SPDR S&P Regional Banking ETF ( KRE )
  • iShares Morningstar Mid-Cap Value ETF ( JKI )
  • PowerShares Russell Midcap Pure Value Portfolio ( PXMV ).

The top-performing ETF of this group is KRE with an increase of 2.02% over the last 100 days. IAT has the highest percent weighting of MTB at 4.17%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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