M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
M&T Bank Dividend Announcement
• M&T Bank announced a quarterly dividend of $1.35 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-03
• M&T Bank annual dividend for 2024 was $4.00
• M&T Bank annual dividend for 2023 was $5.20
• M&T Bank's trailing twelve-month (TTM) dividend yield is 3.2%
• M&T Bank's payout ratio for the trailing twelve months (TTM) is 37.80%
• M&T Bank's dividend growth over the last five years (2018-2023) was 7.93% year
• M&T Bank's dividend growth over the last ten years (2013-2023) was 6.39% year
M&T Bank Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-03 | $1.35 | quarterly | 2024-09-30 |
| 2024-06-03 | $1.35 | quarterly | 2024-06-28 |
| 2024-03-01 | $1.30 | quarterly | 2024-03-29 |
| 2023-11-30 | $1.30 | quarterly | 2023-12-29 |
| 2023-08-31 | $1.30 | quarterly | 2023-09-29 |
| 2023-05-31 | $1.30 | quarterly | 2023-06-30 |
| 2023-03-03 | $1.30 | quarterly | 2023-03-31 |
| 2022-11-30 | $1.20 | quarterly | 2022-12-30 |
| 2022-08-31 | $1.20 | quarterly | 2022-09-30 |
| 2022-05-31 | $1.20 | quarterly | 2022-06-30 |
| 2022-02-25 | $1.20 | quarterly | 2022-03-31 |
| 2021-11-29 | $1.20 | quarterly | 2021-12-31 |
| 2021-08-31 | $1.10 | quarterly | 2021-09-30 |
| 2021-05-28 | $1.10 | quarterly | 2021-06-30 |
| 2021-02-26 | $1.10 | quarterly | 2021-03-31 |
| 2020-11-30 | $1.10 | quarterly | 2020-12-31 |
| 2020-08-31 | $1.10 | quarterly | 2020-09-30 |
| 2020-05-29 | $1.10 | quarterly | 2020-06-30 |
| 2020-02-28 | $1.10 | quarterly | 2020-03-31 |
| 2019-11-29 | $1.10 | quarterly | 2019-12-31 |
| 2019-08-30 | $1.00 | quarterly | 2019-09-30 |
| 2019-05-31 | $1.00 | quarterly | 2019-06-28 |
| 2019-03-01 | $1.00 | quarterly | 2019-03-29 |
| 2018-11-30 | $1.00 | quarterly | 2018-12-31 |
| 2018-08-31 | $1.00 | quarterly | 2018-09-28 |
| 2018-05-31 | $0.80 | quarterly | 2018-06-29 |
| 2018-03-02 | $0.75 | quarterly | 2018-03-30 |
| 2017-11-30 | $0.75 | quarterly | 2017-12-29 |
| 2017-08-30 | $0.75 | quarterly | 2017-09-29 |
| 2017-05-30 | $0.75 | quarterly | 2017-06-30 |
| 2017-04-04 | $0.75 | quarterly | 2017-05-15 |
| 2017-03-02 | $0.75 | quarterly | 2017-03-31 |
| 2016-11-30 | $0.70 | quarterly | 2016-12-30 |
| 2016-08-30 | $0.70 | quarterly | 2016-09-30 |
| 2016-05-27 | $0.70 | quarterly | 2016-06-30 |
| 2016-02-26 | $0.70 | quarterly | 2016-03-31 |
| 2015-10-28 | $0.70 | quarterly | 2015-12-29 |
| 2015-08-28 | $0.70 | quarterly | 2015-09-30 |
| 2015-05-28 | $0.70 | quarterly | 2015-06-30 |
| 2015-02-26 | $0.70 | quarterly | 2015-03-31 |
| 2014-11-26 | $0.70 | quarterly | 2014-12-31 |
| 2014-08-28 | $0.70 | quarterly | 2014-09-30 |
| 2014-05-29 | $0.70 | quarterly | 2014-06-30 |
| 2014-02-27 | $0.70 | quarterly | 2014-03-31 |
| 2013-11-27 | $0.70 | quarterly | 2013-12-31 |
| 2013-08-29 | $0.70 | quarterly | 2013-09-30 |
| 2013-05-30 | $0.70 | quarterly | 2013-06-28 |
| 2013-02-28 | $0.70 | quarterly | 2013-03-29 |
M&T Bank Dividend per year
M&T Bank Dividend growth
M&T Bank Dividend Yield
M&T Bank current trailing twelve-month (TTM) dividend yield is 3.2%. Interested in purchasing M&T Bank stock? Use our calculator to estimate your expected dividend yield:
M&T Bank Financial Ratios
P/E ratio15.54
PEG ratio7.10
P/B ratio1.29
ROE8.58%
Payout ratio37.80%
Current ratio0.54
Quick ratio0.54
Cash Ratio0.04
M&T Bank Dividend FAQ
How much is the next M&T Bank dividend?
M&T Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next M&T Bank dividend. The next M&T Bank dividend will be released in March, May, August, or November.
When is M&T Bank dividend paid?
M&T Bank pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does M&T Bank pay?
The specific amount of M&T Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find M&T Bank's dividend history.
Does M&T Bank stock pay dividends?
Yes, M&T Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find M&T Bank's dividend history.
How much dividend does M&T Bank pay?
M&T Bank paid $4.0 in 2024, $5.2 in 2023, $4.8 in 2022, $4.5 in 2021, and $4.4 in 2020.
How often does M&T Bank pay dividends?
M&T Bank typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is M&T Bank's dividend yield?
The current dividend yield for M&T Bank is 3.2%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate M&T Bank's exact dividend yield.
When does M&T Bank go ex dividend?
M&T Bank's ex-dividend date for the latest dividend was on 2024-09-03. M&T Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next M&T Bank dividend paid?
M&T Bank pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will M&T Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether M&T Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is M&T Bank dividend per share?
M&T Bank paid $4.0 per share in 2024 and $5.2 per share in 2023. The amount of dividend per share that M&T Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is M&T Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is M&T Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is M&T Bank a dividend stock?
Yes, M&T Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is M&T Bank a good dividend stock?
Whether M&T Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. M&T Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating M&T Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating M&T Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does M&T Bank pay dividends monthly?
M&T Bank typically pays dividends on a quarterly basis.
Does M&T Bank pay dividends quarterly?
M&T Bank currently pays dividends on a quarterly basis.
Has M&T Bank ever paid a dividend?
Yes, M&T Bank has a history of paying dividends to its shareholders. M&T Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy M&T Bank dividend stocks?
To buy M&T Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy M&T Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy M&T Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does M&T Bank pay dividends 2024?
M&T Bank pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will M&T Bank increase its dividend in 2024?
Decisions regarding M&T Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date M&T Bank dividend overview you can look into the above table of dividend history.
How M&T Bank dividend works?
The M&T Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how M&T Bank's dividend process works:
1. Determination of Dividend: M&T Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, M&T Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, M&T Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from M&T Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: M&T Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, M&T Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, M&T Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from M&T Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are M&T Bank dividends paid?
M&T Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: M&T Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, M&T Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: M&T Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: M&T Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, M&T Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: M&T Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does M&T Bank pay dividends?
M&T Bank typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does M&T Bank pay dividends?
The general pattern is that M&T Bank pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is M&T Bank dividend safe?
The safety of M&T Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of M&T Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review M&T Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of M&T Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review M&T Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.