M&T Bank Corporation (NYSE: MTB) said it will pay a $1.50 quarterly cash dividend on its common stock, an increase from the prior $1.40 per-share payout.
The dividend is scheduled for payment on Sept. 30, 2026, to shareholders of record as of the close of business on Sept. 1, 2026. The Buffalo, New York-based bank operates its principal banking subsidiary across a network of branches and ATMs spanning the eastern U.S., from Maine to Virginia and Washington, D.C.
Separately, M&T declared a dividend of $99.38 per share on its perpetual 6.625% non-cumulative preferred stock, Series L. This equates to $0.24845 per depositary share and is payable Sept. 15, 2026, with the same Sept. 1 record date. The company functions as a financial holding company.
