M&T Bank Corp. (MTB) Declares $0.70 Quarterly Dividend; 3.8% Yield

M&T Bank Corp. (NYSE: MTB) declared a quarterly dividend of $0.70 per share, or $2.8 annualized.

The dividend will be payable on December 30, 2011, to stockholders of record on December 1, 2011, with an ex-dividend date of November 29, 2011.

The annual yield on the dividend is 3.8 percent.

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