M&T Bank Corporation (MTB-PJ) Dividend History
Income profile from 2024 to 2026 with payout safety and yield-on-cost trend
MTB-PJ Dividend Income Check
Safety
34.6% payout ratio with sustainable safety profile.
Consistency
9 straight years of dividend increases.
Income Trend
Yield on cost is 7.5% and trend is unknown.
MTB-PJ Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MTB-PJ Income Growth Story
Dividend per share and yield on cost over time (3 years of payments)
MTB-PJ Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
M&T Bank Corporation distributes 34.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 22.5%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
MTB-PJ has raised its dividend for 9 consecutive years, with a 3-year CAGR of 5.9% and 5-year CAGR of 5.4%.
Total Shareholder Returns
Beyond cash dividends, MTB-PJ returns capital through share repurchases. The combined picture: 20.0% dividend yield, 8.9% buyback yield, 28.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.5% and is currently unknown. The 5-year total return is 20.1%, with dividends contributing 13.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $12,013 today.
MTB-PJ Recent Dividend Payments
Last 8 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 1, 2026Latest | $0.4688 | — | 7.06% | Jun 15, 2026 |
| Mar 2, 2026 | $0.4688 | — | 7.08% | Mar 16, 2026 |
| Dec 1, 2025 | $0.4688 | — | 7.15% | Dec 15, 2025 |
| Sep 2, 2025 | $0.4688 | — | 7.01% | Sep 15, 2025 |
| Jun 2, 2025 | $0.4688 | — | 7.95% | Jun 16, 2025 |
| Mar 3, 2025 | $0.4688 | — | 5.89% | Mar 17, 2025 |
| Dec 2, 2024 | $0.4688 | ↓ -26.2% | 4.09% | Dec 16, 2024 |
| Sep 3, 2024 | $0.6354 | — | 2.36% | Sep 16, 2024 |
MTB-PJ Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st | $4.5B | 20.0% | 34.6% | 9 | Sustainable |
| $27.7B | 2.6% | 51.0% | 3 | Sustainable | |
2nd | $25.6B | 3.7% | 41.1% | 0 | Sustainable |
3rd | $24.3B | 3.7% | — | 13 | Unknown |
| $33.3B | 3.4% | 50.8% | 15 | Sustainable | |
| $6.9B | 3.0% | 45.6% | 7 | Sustainable |
MTB-PJ Annual Dividend History (1989–2026)
38 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.94 | — | 2 | — | — | — | 3.7% |
| 2025 | $1.88 | 69.8% | 4 | — | — | — | 7.5% |
| 2024 | $1.10 | — | 2 | $14.64 | 7.5% | 13.26x | 4.4% |
| 2023 | $0.00 | — | 0 | $15.79 | — | — | — |
| 2022 | $0.00 | — | 0 | $11.53 | — | — | — |
| 2021 | $0.00 | — | 0 | $13.80 | — | — | — |
| 2020 | $0.00 | — | 0 | $9.94 | — | — | — |
| 2019 | $0.00 | — | 0 | $13.75 | — | — | — |
| 2018 | $0.00 | — | 0 | $12.74 | — | — | — |
| 2017 | $0.00 | — | 0 | $8.70 | — | — | — |
See MTB-PJ's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonMTB-PJ — Frequently Asked Questions
Quick answers to the most common questions about buying MTB-PJ stock.
How much dividend does MTB-PJ pay per share?
M&T Bank Corporation (MTB-PJ) pays a trailing 12-month dividend of $5.35 per share, with a current dividend yield of +20.0%. Payments are made Semi-Annual.
When is MTB-PJ's next ex-dividend date?
MTB-PJ's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MTB-PJ typically pays dividends Semi-Annual.
Is MTB-PJ's dividend safe?
MTB-PJ's dividend safety is rated "Sustainable" based on an earnings payout ratio of +34.6% and FCF payout ratio of +22.5%. The 9-year growth streak provides moderate confidence.
Is MTB-PJ a Dividend Payer?
Yes, M&T Bank Corporation is classified as a Dividend Payer with 9 consecutive years of dividend increases. The 5-year dividend CAGR is +5.4%, demonstrating above-inflation dividend growth.
How often does MTB-PJ pay dividends?
M&T Bank Corporation pays dividends Semi-Annual. The trailing 12-month total is $5.35 per share. Dividend data on this page covers 2+ years from 2024 to 2026.
How much would $10,000 invested in MTB-PJ grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MTB-PJ five years ago would be worth approximately $12,013 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MTB-PJ's yield on cost for long-term holders?
MTB-PJ's yield on cost — the current dividend divided by the original purchase price — is +7.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +20.0% market yield, thanks to consistent dividend growth.