M & T Bank's Preferred Stock, Series A Yield Pushes Past 6%
February 17, 2015 at 15:01 PM EST
In trading on Tuesday, shares of M & T Bank Corp's Fixed Rate Cumulative Perpetual Preferred Stock, Series A (MTB. R) were yielding above the 6% mark based on its quarterly dividend (annualized to $63.75), with shares changing hands as low as $999.00 on the day.
