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MTB M&T Bank dividend history, payout ratio & dates

M&T Bank's last quarterly dividend was on Aug 31, 2022 (ex-date) with a distribution of $1.2 per share. On an annualized basis, the company has a current payout of $4.8 per share. This brings the dividend yield to 2.72% based on its recent close price.

Key dates

  • MTB last dividend date: Aug 31, 2022
  • MTB next dividend date: Not announced
MTB dividend stats
DPS
$4.8
Dividend yield
2.69%
Payout ratio
44.5%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is M&T Bank current dividend yield

MTB has a dividend yield of 2.72% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.95%, M&T Bank's dividend yield is 8% lower. Historically MTB's dividend yield has averaged at 2.7% in the last 5 years, which is in line with the current one.

Dividend history

What is MTB dividend payout history and dates

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 9% since one year ago. But with the stock price up by 15% from a year ago, the dividend yield marks a decrease of 6%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 31, 2022 Sep 30, 2022 Aug 16, 2022 $1.2 normal
May 31, 2022 Jun 30, 2022 May 17, 2022 $1.2 normal
Feb 25, 2022 Mar 31, 2022 Feb 15, 2022 $1.2 normal
Nov 29, 2021 Dec 31, 2021 Nov 16, 2021 $1.2 normal
Aug 31, 2021 Sep 30, 2021 Aug 17, 2021 $1.1 normal
May 28, 2021 Jun 30, 2021 May 18, 2021 $1.1 normal
Feb 26, 2021 Mar 31, 2021 Feb 17, 2021 $1.1 normal
Nov 30, 2020 Dec 31, 2020 Nov 17, 2020 $1.1 normal
Aug 31, 2020 Sep 30, 2020 Aug 18, 2020 $1.1 normal
May 29, 2020 Jun 30, 2020 May 19, 2020 $1.1 normal
Feb 28, 2020 Mar 31, 2020 Feb 19, 2020 $1.1 normal
Nov 29, 2019 Dec 31, 2019 Nov 19, 2019 $1.1 normal
Aug 30, 2019 Sep 30, 2019 Aug 20, 2019 $1 normal
May 31, 2019 Jun 28, 2019 May 21, 2019 $1 normal
Mar 1, 2019 Mar 29, 2019 Feb 20, 2019 $1 normal
Nov 30, 2018 Dec 31, 2018 Nov 20, 2018 $1 normal
Aug 31, 2018 Sep 28, 2018 Aug 21, 2018 $1 normal
May 31, 2018 Jun 29, 2018 May 15, 2018 $0.8 normal
Mar 2, 2018 Mar 30, 2018 Feb 21, 2018 $0.75 normal
Nov 30, 2017 Dec 29, 2017 Nov 21, 2017 $0.75 normal
Aug 30, 2017 Sep 29, 2017 Aug 15, 2017 $0.75 normal
May 30, 2017 Jun 30, 2017 May 16, 2017 $0.75 normal
Mar 2, 2017 Mar 31, 2017 Feb 22, 2017 $0.75 normal
Nov 30, 2016 Dec 30, 2016 Nov 22, 2016 $0.7 normal
Aug 30, 2016 Sep 30, 2016 Aug 16, 2016 $0.7 normal
May 27, 2016 Jun 30, 2016 May 17, 2016 $0.7 normal
Feb 26, 2016 Mar 31, 2016 Feb 18, 2016 $0.7 normal
Oct 28, 2015 Dec 29, 2015 Oct 20, 2015 $0.7 normal
Aug 28, 2015 Sep 30, 2015 $0.7 normal

M&T Bank dividend payout ratio

What is M&T Bank dividend payout ratio compared to the sector

Payout ratio

MTB has a payout ratio of 44.5% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.2%, M&T Bank's payout ratio is 47% higher.

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

MTB dividend vs peer dividends

How does MTB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
EGBN Eagle Bancorp Inc 3.67% $1.65 36%
PNC Pnc Financial Services Group Inc 3.6% $5.5 43%
EVBN Evans Bancorp Inc 3.43% $1.26 29.6%
NBTB Nbt Bancorp Inc 2.96% $1.14 32.5%
BAC Bank Of America Corp 2.75% $0.85 26.3%
BKU BankUnited Inc 2.74% $0.96 24.3%
SHBI Shore Bancshares Inc 2.73% $0.48 42.1%
MTB M&T Bank Corp 2.69% $4.8 44.5%
WFC Wells Fargo & Company 2.41% $1 23.8%
WTFC Wintrust Financial Corp 1.59% $1.33 18.9%
CBSH Commerce Bancshares Inc 1.57% $1.06 28.2%

Frequently asked questions

Does M&T Bank pay a dividend?

Yes, M&T Bank has been paying dividends for the last 28 years.

When is M&T Bank's next dividend?

MTB hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2022.

When was MTB's last dividend?

M&T Bank's last regular dividend was on Aug 31, 2022 (ex-date) with the amount of $1.2 per share.

How much dividend does M&T Bank pay (per share)?

MTB's annualized dividend per share is $4.8.

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 44.5%.

Does M&T Bank pay a good dividend?

M&T Bank's dividend yield is lower than the Financial Services sector average.