Wednesday, July 18, 2007

M&T Bank Raises Dividend 16.7%

M&T Bank (MTB) announced a 16.7% increase in its quarterly dividend to 70 cents per share from 60 cents per share in the same quarter last year. MTB is an S&P Dividend Aristocrat with an A+ S&P Quality Ranking. The projected payout ratio based on estimated 2007 earning per share of $7.42 is 38%.

(click on table/chart for larger image)

M&T Bank dividend analysis table. July 2007
M&T Bank stock chart July 2007

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