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MTB M&T Bank Corp Dividend

M&T Bank's last quarterly dividend was on Nov 29, 2021 (ex-date) with a distribution of $1.2 per share. On an annualized basis, the company has a current payout of $4.5 per share. This brings the dividend yield to 2.97% based on its recent close price. The latest dividend marks an increase of $0.1, or 9% from the previous dividend.

MTB next dividend date: Not announced

MTB
DPS
$4.5
Dividend yield
2.97%
Payout ratio
32.2%
Financial Services sector
Dividend yield
2.51%
Payout ratio
32.1%

Dividend yield

MTB has a dividend yield of 2.97% which is higher than the Financial Services sector, the industry and its peers average.

Dividend history

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 2.3% since one year ago. But with the stock price up by 18% from a year ago, the dividend yield marks a decrease of 14%.

Recent dividends

Declared on Ex-date Payment date Amount Type
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

Dividend payouts

Payout ratio

MTB has a payout ratio of 32.2% which is higher than the Financial Services sector, the industry and its peers average.

Total amount of dividends paid per financial year (from cash flow)