M&T Bank's last quarterly dividend was on Feb 25, 2022 (ex-date) with a distribution of $1.2 per share. On an annualized basis, the company has a current payout of $4.6 per share. This brings the dividend yield to 2.83% based on its recent close price.
MTB has a dividend yield of 2.83% which is higher than its peers average but lower than the Financial Services sector and the industry average.
M&T Bank has been paying dividends since 1994. MTB has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 4.5% since one year ago. And with the stock price up by 0.2% from a year ago, the dividend yield marks an increase of 4.5%.
| Declared on | Ex-date | Payment date | Amount | Type |
|---|---|---|---|---|
| Feb 15, 2022 | Feb 25, 2022 | Mar 31, 2022 | $1.2 | normal |
| Nov 16, 2021 | Nov 29, 2021 | Dec 31, 2021 | $1.2 | normal |
| Aug 17, 2021 | Aug 31, 2021 | Sep 30, 2021 | $1.1 | normal |
| May 18, 2021 | May 28, 2021 | Jun 30, 2021 | $1.1 | normal |
| Feb 17, 2021 | Feb 26, 2021 | Mar 31, 2021 | $1.1 | normal |
| Nov 17, 2020 | Nov 30, 2020 | Dec 31, 2020 | $1.1 | normal |
| Aug 18, 2020 | Aug 31, 2020 | Sep 30, 2020 | $1.1 | normal |
| May 19, 2020 | May 29, 2020 | Jun 30, 2020 | $1.1 | normal |
| Feb 19, 2020 | Feb 28, 2020 | Mar 31, 2020 | $1.1 | normal |
| Nov 19, 2019 | Nov 29, 2019 | Dec 31, 2019 | $1.1 | normal |
| Aug 20, 2019 | Aug 30, 2019 | Sep 30, 2019 | $1 | normal |
| May 21, 2019 | May 31, 2019 | Jun 28, 2019 | $1 | normal |
| Feb 20, 2019 | Mar 1, 2019 | Mar 29, 2019 | $1 | normal |
| Nov 20, 2018 | Nov 30, 2018 | Dec 31, 2018 | $1 | normal |
| Aug 21, 2018 | Aug 31, 2018 | Sep 28, 2018 | $1 | normal |
| May 15, 2018 | May 31, 2018 | Jun 29, 2018 | $0.8 | normal |
| Feb 21, 2018 | Mar 2, 2018 | Mar 30, 2018 | $0.75 | normal |
| Nov 21, 2017 | Nov 30, 2017 | Dec 29, 2017 | $0.75 | normal |
| Aug 15, 2017 | Aug 30, 2017 | Sep 29, 2017 | $0.75 | normal |
| May 16, 2017 | May 30, 2017 | Jun 30, 2017 | $0.75 | normal |
| Feb 22, 2017 | Mar 2, 2017 | Mar 31, 2017 | $0.75 | normal |
| Nov 22, 2016 | Nov 30, 2016 | Dec 30, 2016 | $0.7 | normal |
| Aug 16, 2016 | Aug 30, 2016 | Sep 30, 2016 | $0.7 | normal |
| May 17, 2016 | May 27, 2016 | Jun 30, 2016 | $0.7 | normal |
| Feb 18, 2016 | Feb 26, 2016 | Mar 31, 2016 | $0.7 | normal |
| Oct 20, 2015 | Oct 28, 2015 | Dec 29, 2015 | $0.7 | normal |
| Aug 28, 2015 | Sep 30, 2015 | $0.7 | normal |
MTB has a payout ratio of 35.1% which is higher than the Financial Services sector, the industry and its peers average.