Ex-Div Reminder for M&T Bank Corp's Fixed Rate Cumulative Perpetual Preferred Stock, Series A

On 10/30/13, M & T Bank Corp's Fixed Rate Cumulative Perpetual Preferred Stock, Series A (NYSE: MTB.PR) will trade ex-dividend, for its quarterly dividend of $12.50, payable on 11/15/13. As a percentage of MTB.PR's recent share price of $975.00, this dividend works out to approximately 1.28%, so look for shares of MTB.PR to trade 1.28% lower -- all else being equal -- when MTB.PR shares open for trading on 10/30/13. On an annualized basis, the current yield is approximately 5.13%, which compares...