M&T Bank Corporation (MTB)

Received a random email link from a site I used to follow but haven’t in years. It was interesting read on buy back yields, and it reminded me of some staple stocks I hadn’t thought about since the last time I lost a lot of money following news advise. That was in issue with my approach, not the stocks. I used to drive by the M&T headquarters on my way to the BofA business technology center around the time of the big crash and would always think about out M&T was mostly unscathed by it (the stock dropped only because of the sector).

Today, I notice that their stock drops after every dividend date. Not sure if I want to wait for a down economy to pick it up super cheap or just the next dividend cycle, but it is on my JStock list again.

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