Wilmington Trust Corporation
Wilmington Trust Corporation returned its bailout funds on May 13, 2011
| Disbursed | $330,000,000 |
| Returned | $330,000,000 |
| Revenue to Gov't | $39,920,833 |
| Profit | $39,920,833 |
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Map: Corporate headquarters of Wilmington Trust Corporation.
Wilmington,
Del.
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Events
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$4M Revenue
May 13, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$330M Payback
May 13, 2011 Repayment
On 5/13/2011, Treasury completed the sale of all Wilmington Trust Corporation Preferred Stock held by Treasury to M&T Bank Corporation ("M&T") for an aggregate purchase price of $330,000,000.00 plus accrued dividends and exchanged its Wilmington Trust Corporation Warrant for an equivalent Warrant issued by M&T Bank Corporation, pursuant to the terms of the agreement between Treasury and M&T entered into on 5/13/2010.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$4M Revenue
Feb. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$4M Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$4M Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$4M Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$4M Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$4M Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$4M Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$7M Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$330M Bailout
Dec. 12, 2008 Purchase - Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from biz.yahoo.com
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 05/13/2011 | Refund | $330,000,000 | CPP | Repayment |
| 05/13/2011 | Dividend | $4,033,333 | CPP | Dividend - Cumulative |
| 02/15/2011 | Dividend | $4,125,000 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $4,125,000 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $4,125,000 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $4,125,000 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $4,125,000 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $4,125,000 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $4,125,000 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $7,012,500 | CPP | Dividends Paid Through 5/31/2009 |
| 12/12/2008 | Purchase | $330,000,000 | CPP | Purchase - Preferred Stock w/ Warrants |
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