MTB Crosses Above 3% Yield Territory
Posted on September 20, 2012 at 15:28 PM EDT
In trading on Thursday, shares of M & T Bank Corp (MTB) were yielding above the 3% mark based on its quarterly dividend (annualized to $2.80), with the stock changing hands as low as $93.03 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return.