MTB
M & T Bank
dividend history, payout ratio & dates
- Stocks
- Financial Services
- NYSE: MTB
- Dividend
Last dividend date: Sep 1, 2026
Dividend yield: 2.73%
Payout ratio: 31.1%
M & T Bank's last dividend was on Sep 1, 2026 (ex-date) with a distribution of $1.5 per share. On an annualized basis, the company has a current payout of $6 per share. This brings the dividend yield to 2.72% based on its recent close price.
MTB dividend stats
vs. Financial Services sector
M & T Bank Dividend yield
MTB has a dividend yield of 2.72% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.46%, M & T Bank's dividend yield is 11% higher. Historically MTB's dividend yield has averaged at 3.2% in the last 5 years, which is higher than the current one.
MTB Dividend history
M & T Bank has been paying dividends since 1991. MTB has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 6% since one year ago. And with the stock price up by 18% from a year ago, the dividend yield marks a decrease of 20%.
M & T Bank Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 1, 2026 | $1.5 | 2.59% |
| Jun 1, 2026 | $1.5 | 2.84% |
| Mar 2, 2026 | $1.5 | 2.67% |
| Dec 1, 2025 | $1.5 | 3.43% |
| Sep 2, 2025 | $1.5 | 3.2% |
| Jun 2, 2025 | $1.35 | 3.45% |
| Mar 3, 2025 | $2.17 | 3.29% |
| Dec 2, 2024 | $1.35 | 2.48% |
| Sep 3, 2024 | $1.35 | 3.09% |
| Jun 3, 2024 | $1.35 | 3.54% |
| Mar 1, 2024 | $1.3 | 3.8% |
| Nov 30, 2023 | $1.3 | 4.06% |
| Aug 31, 2023 | $1.3 | 4.08% |
| May 31, 2023 | $1.3 | 4.2% |
| Mar 3, 2023 | $1.3 | 3.21% |
| Nov 30, 2022 | $1.2 | 2.82% |
| Aug 31, 2022 | $1.2 | 2.64% |
| May 31, 2022 | $1.2 | 2.61% |
| Feb 25, 2022 | $1.2 | 2.51% |
| Nov 29, 2021 | $1.2 | 2.96% |
| Aug 31, 2021 | $1.1 | 3.14% |
| May 28, 2021 | $1.1 | 2.74% |
| Feb 26, 2021 | $1.1 | 2.92% |
| Nov 30, 2020 | $1.1 | 3.78% |
| Aug 31, 2020 | $1.1 | 4.26% |
| May 29, 2020 | $1.1 | 4.07% |
| Feb 28, 2020 | $1.1 | 2.99% |
| Nov 29, 2019 | $1.1 | 2.49% |
| Aug 30, 2019 | $1 | 2.74% |
| May 31, 2019 | $1 | 2.51% |
| Mar 1, 2019 | $1 | 2.2% |
| Nov 30, 2018 | $1 | 2.1% |
| Aug 31, 2018 | $1 | 1.86% |
| May 31, 2018 | $0.8 | 1.77% |
| Mar 2, 2018 | $0.75 | 1.57% |
| Nov 30, 2017 | $0.75 | 1.78% |
| Aug 30, 2017 | $0.75 | 1.98% |
| May 30, 2017 | $0.75 | 1.83% |
| Mar 2, 2017 | $0.75 | 1.71% |
| Nov 30, 2016 | $0.7 | 1.95% |
| Aug 30, 2016 | $0.7 | 2.37% |
| May 27, 2016 | $0.7 | 2.35% |
| Feb 26, 2016 | $0.7 | 2.64% |
| Oct 28, 2015 | $0.7 | 2.79% |
| Aug 28, 2015 | $0.7 | 2.35% |
| May 28, 2015 | $0.7 | 2.3% |
| Feb 26, 2015 | $0.7 | 2.31% |
M & T Bank dividend payout ratio
Payout ratio
MTB has a payout ratio of 31.1% which is higher than the Financial Services sector, the industry and its peers average. But in comparison with the Financial Services sector average of 31%, M & T Bank's payout ratio is only 0.3% higher.
Total amount of dividends paid per financial year (from cash flow)
MTB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PNC PNC Financial Services Group Inc | 3.2% | $7.4 | 39.4% |
| BKU BankUnited Inc | 2.97% | $1.3 | 34.9% |
| NBTB Nbt Bancorp Inc | 2.87% | $1.51 | 36% |
| MTB M & T Bank Corp | 2.73% | $6 | 31.1% |
| SHBI Shore Bancshares Inc | 2.29% | $0.52 | 25.5% |
| BAC Bank Of America Corp | 2.29% | $1.16 | 27.4% |
| WFC Wells Fargo & Company | 2.22% | $1.9 | 26.5% |
| CBSH Commerce Bancshares Inc | 1.98% | $1.1 | 26.5% |
| WTFC Wintrust Financial Corp | 1.43% | $2.2 | 16.6% |
| EGBN Eagle Bancorp Inc (MD) | 0.12% | $0.04 | 2.8% |
Frequently asked questions
Does M & T Bank pay a dividend?
Yes, M & T Bank has been paying dividends for the last 35 years.
When was MTB's last dividend?
M & T Bank's last regular dividend was on Sep 1, 2026 (ex-date) with the amount of $1.5 per share.
How much dividend does M & T Bank pay (per share)?
MTB's annualized dividend per share is $6.
What is M & T Bank's dividend yield?
The current dividend yield of M & T Bank is 2.72%.
How often does M & T Bank pay dividends?
M & T Bank pays dividends quarterly.
What is M & T Bank's dividend payout ratio?
The dividend payout ratio of M & T Bank is 31.1%.
Does M & T Bank pay a good dividend?
M & T Bank's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.