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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): M&T Bank Corporation (MTB) pays a $6.00 annual dividend ($1.50 quarterly), yielding 2.79% at $215.28/share. Next ex-dividend date 2026-09-01. 38 consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.79%
Annual Dividend: $6.00 per share
Payout Ratio: 31.7%
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 without interruption for decades, backed by a regional banking franchise founded in 1856 and headquartered in Buffalo, New York. MTB currently yields 2.76%, with a trailing annual dividend rate of $6.00 per share paid quarterly. The next ex-dividend date is September 1, 2026. With a beta of 0.615, MTB stock moves well below the broader market, which suits income investors who prioritize low volatility over aggressive growth.
M&T Bank Corporation pays out 31.7% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to maintain the dividend even if earnings from its commercial lending, retail banking, and wealth management segments come under pressure. M&T Bank Corporation dividend safety is further supported by the diversified revenue base spanning middle-market commercial loans, residential mortgages, and institutional trust services, which spreads income across multiple business lines. The primary risk is credit quality: as a regional bank with significant commercial real estate exposure, a deterioration in loan performance would directly pressure earnings and, by extension, the dividend.
M&T Bank Corporation dividend history shows a CAGR of 5.2% per year from 2011 to 2025. The per-share annual dividend grew from $2.80 to $5.70 over that period (2026 data is partial and excluded from the growth calculation). The largest annual increase in the window was 18.3% in 2018, while growth slowed to roughly 2.8% in 2024, the smallest increase in the available data.
| 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 fits dividend investors who want a low-volatility regional bank with a long, unbroken record of annual increases. The yield sits at a moderate (2-4%) 2.76%, which is below the 5-year average of 3.02%, meaning buyers today are paying a slight premium relative to recent history. What anchors the case for income is the 38-year consecutive increase streak, which earns MTB its Dividend Aristocrat status. The trade-off is straightforward: growth at 5.2% per year is real but not fast, and the yield is moderate rather than high. M&T Bank Corporation stock offers income durability and low market sensitivity, not maximum current yield.
MTB is a Dividend Aristocrat with 38 consecutive years of dividend increases.
| 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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