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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): M&T Bank Corporation (MTB) pays a $6.00 annual dividend ($1.50 quarterly), yielding 2.50% at $239.84/share. Next ex-dividend date 2026-09-01. 24 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.50%
Annual Dividend: $6.00 per share
Payout Ratio: 35.2%
Ex-Dividend Date: 2026-09-01
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 42
M&T Bank Corporation dividend has been paid quarterly for decades, backed by a regional banking franchise serving commercial, small business, and retail customers across nine states. The current yield stands at 2.5%, with a trailing annual dividend rate of $6.00 per share. The next ex-dividend date is September 1, 2026. With a beta of 0.563, MTB stock moves well below the broader market, which suits income investors who prioritize lower price volatility over maximum yield.
M&T Bank Corporation pays out 35.2% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial earnings retained within the business, supporting the current $6.00 annual rate across its commercial lending, retail banking, and wealth management operations. M&T Bank Corporation dividend safety is further supported by the breadth of its revenue base, which spans commercial real estate loans, business banking deposits, and consumer installment lending. The primary pressure point is interest rate sensitivity inherent to regional banking, which can compress net interest margins and reduce the earnings base that supports the payout.
M&T Bank Corporation dividend history shows a CAGR of 5.2% per year from 2011 to 2025. Per-share payments grew from $2.80 to $5.70 over that window (2026 data is partial and excluded from this calculation). The largest annual increase in the window was 18.3% in 2018, while growth slowed to roughly 2.8% between 2023 and 2024, from $5.20 to $5.35.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +5.9% | $4.80 (2022) | $5.70 (2025) |
| 5-Year | +5.3% | $4.40 (2020) | $5.70 (2025) |
| 10-Year | +7.4% | $2.80 (2015) | $5.70 (2025) |
MTB stock fits dividend investors who want moderate, growing income from a lower-volatility financial holding. The current yield of 2.5% sits above the 5-year average of 2.13%, meaning buyers today are locking in a historically above-average rate for this stock. The yield classification is moderate (2–4%), so this is not a high-income play. What MTB offers instead is 24 consecutive years of dividend increases paired with a conservative 35.2% payout ratio. The trade-off is straightforward: income growth has been real but not fast, and the yield itself will not satisfy investors who need maximum current income.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-01 | $1.5000 |
| 2026-06-01 | $1.5000 |
| 2026-03-02 | $1.5000 |
| 2025-12-01 | $1.5000 |
| 2025-09-02 | $1.5000 |
| 2025-06-02 | $1.3500 |
| 2025-03-03 | $1.3500 |
| 2024-12-02 | $1.3500 |
| 2024-09-03 | $1.3500 |
| 2024-06-03 | $1.3500 |
| Year | Total Dividends |
|---|---|
| 2026 | $4.5000 |
| 2025 | $5.7000 |
| 2024 | $5.3500 |
| 2023 | $5.2000 |
| 2022 | $4.8000 |
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