M&T Bank Corporation ( MTB ) will begin trading ex-dividend on March 01, 2019. A cash dividend payment of $1 per share is scheduled to be paid on March 29, 2019. Shareholders who purchased MTB prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that MTB has paid the same dividend.
The previous trading day's last sale of MTB was $172.53, representing a -12.58% decrease from the 52 week high of $197.35 and a 28.97% increase over the 52 week low of $133.78.
MTB is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Bank of America Corporation ( BAC ). MTB's current earnings per share, an indicator of a company's profitability, is $12.78. Zacks Investment Research reports MTB's forecasted earnings growth in 2019 as 13.67%, compared to an industry average of 7.4%.
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 )
- First Trust Nasdaq Bank ETF ( FTXO )
- Invesco KBW Bank ETF ( KBWB )
- Vanguard Mid-Cap Value ETF ( VOE )
- Global X Scientific Beta US ETF ( SCIU ).
The top-performing ETF of this group is IAT with an decrease of -2.26% over the last 100 days. It also has the highest percent weighting of MTB at 4.3%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.