M&T Bank Declares Quarterly Preferred Stock Dividends
M&T Bank Corporation has declared quarterly cash dividends on its perpetual preferred stock series, the Buffalo-based lender announced.
M&T Bank Corporation (NYSE: MTB) declared quarterly cash dividends on its series of perpetual preferred stock, the Buffalo, New York-based bank holding company announced Oct. 20, 2026.
Among the declared payouts, shareholders of the company's Perpetual Fixed-to-Floating Rate Non-Cumulative preferred stock are set to receive $0.3515625 per share for the quarter, according to the announcement distributed via PRNewswire.
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Preferred stock dividends represent a fixed obligation for banks that have issued such instruments and are typically paid before any common stock dividends. M&T Bank's series of perpetual preferred stock carries non-cumulative terms, meaning missed dividends do not accrue or carry forward as an obligation to the company.
M&T Bank is a regional banking institution headquartered in Buffalo, New York, and trades on the New York Stock Exchange under the ticker symbol MTB. Preferred dividend declarations of this nature are routine corporate actions that signal continued capital distribution capacity at the institution.
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