M & T Bank's Preferred Stock, Series J Shares Cross 7.5% Yield Mark

In trading on Wednesday, shares of M & T Bank Corp's Dep Shares 7.500% Non-Cumulative Preferred Stock, Series J (Symbol: MTB.PRJ) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $1.875), with shares changing hands as low as $24.95 on the day.