M&T Bank Corp. (MTB) Dividends
Dividend Yield and Dividend History Highlights
- As for free cash flow, MTB has greater average cash flow over the past 5.5 years than 86.13% US-listed dividend payers.
- In terms of debt burden relative to earnings, MTB has an EBITDA to net debt ratio of 2,259,626,000, ranking above 97.51% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- Currently, MTB generates more cash flow over the 12 months prior than 85.81% of US dividend stocks.
- As for stocks whose price is uncorrelated with MTB's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: PAAS, LEJU, ENIC, ORA and AMOT.
MTB Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $213.52 | $134.13 | -25.03% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for MTB, the DDM model generated by StockNews estimates a return of negative 25.03% in comparison to its current price. Digging deeper, the aspects of M&T Bank Corp's dividend discount model that we found most interesting were:
- MTB generates about 6 billion US dollars in revenue annually; in terms of how this translates into revenue, it has a dividend yield higher than 68.85% of companies in the mid revenue class.
- Beta tells us how volatile a stock's price is relative to the broader equity index; for M&T Bank Corp, its beta is lower than 25.39% of dividend issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Financial Services sector, MTB's equity discount rate is less than 29.77% of those stocks.
MTB Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-03 | Dividend | $1.35 | -- |
| 2024-06-03 | Dividend | $1.35 | +3.85% |
| 2024-03-01 | Dividend | $1.30 | -- |
| 2023-11-30 | Dividend | $1.30 | -- |
| 2023-08-31 | Dividend | $1.30 | -- |
| 2023-05-31 | Dividend | $1.30 | -- |
| 2023-03-03 | Dividend | $1.30 | +8.33% |
| 2022-11-30 | Dividend | $1.20 | -- |
| 2022-08-31 | Dividend | $1.20 | -- |
| 2022-05-31 | Dividend | $1.20 | -- |
| 2022-02-25 | Dividend | $1.20 | -- |
| 2021-11-29 | Dividend | $1.20 | +9.09% |
| 2021-08-31 | Dividend | $1.10 | -- |
| 2021-05-28 | Dividend | $1.10 | -- |
| 2021-02-26 | Dividend | $1.10 | -- |
| 2020-11-30 | Dividend | $1.10 | -- |
| 2020-08-31 | Dividend | $1.10 | -- |
| 2020-05-29 | Dividend | $1.10 | -- |
| 2020-02-28 | Dividend | $1.10 | -- |
| 2019-11-29 | Dividend | $1.10 | +10.00% |
| 2019-08-30 | Dividend | $1.00 | -- |
| 2019-05-31 | Dividend | $1.00 | -- |
| 2019-03-01 | Dividend | $1.00 | -- |
| 2018-11-30 | Dividend | $1.00 | -- |
| 2018-08-31 | Dividend | $1.00 | +25.00% |
| 2018-05-31 | Dividend | $0.80 | +6.67% |
| 2018-03-02 | Dividend | $0.75 | -- |
| 2017-11-30 | Dividend | $0.75 | -- |
| 2017-08-30 | Dividend | $0.75 | -- |
| 2017-05-30 | Dividend | $0.75 | -- |
| 2017-03-02 | Dividend | $0.75 | +7.14% |
| 2016-11-30 | Dividend | $0.70 | -- |
| 2016-08-30 | Dividend | $0.70 | -- |
| 2016-05-27 | Dividend | $0.70 | -- |
| 2016-02-26 | Dividend | $0.70 | -- |
| 2015-10-28 | Dividend | $0.70 | -- |
| 2015-08-28 | Dividend | $0.70 | -- |
| 2015-05-28 | Dividend | $0.70 | -- |
| 2015-02-26 | Dividend | $0.70 | -- |
| 2014-11-26 | Dividend | $0.70 | -- |
| 2014-08-28 | Dividend | $0.70 | -- |
| 2014-05-29 | Dividend | $0.70 | -- |
| 2014-02-27 | Dividend | $0.70 | -- |
| 2013-11-27 | Dividend | $0.70 | -- |
| 2013-08-29 | Dividend | $0.70 | -- |
| 2013-05-30 | Dividend | $0.70 | -- |
| 2013-02-28 | Dividend | $0.70 | -- |
| 2012-11-29 | Dividend | $0.70 | -- |
| 2012-08-30 | Dividend | $0.70 | -- |
| 2012-05-30 | Dividend | $0.70 | -- |
| 2012-03-01 | Dividend | $0.70 | -- |
| 2011-11-29 | Dividend | $0.70 | -- |
| 2011-08-30 | Dividend | $0.70 | -- |
| 2011-05-27 | Dividend | $0.70 | -- |
| 2011-02-24 | Dividend | $0.70 | -- |
| 2010-11-29 | Dividend | $0.70 | -- |
| 2010-08-30 | Dividend | $0.70 | -- |
| 2010-05-27 | Dividend | $0.70 | -- |
| 2010-02-24 | Dividend | $0.70 | -- |
| 2009-11-27 | Dividend | $0.70 | -- |
| 2009-08-28 | Dividend | $0.70 | -- |
| 2009-05-28 | Dividend | $0.70 | -- |
| 2009-02-25 | Dividend | $0.70 | -- |
| 2008-11-26 | Dividend | $0.70 | -- |
| 2008-08-28 | Dividend | $0.70 | -- |
| 2008-05-29 | Dividend | $0.70 | -- |
| 2008-02-27 | Dividend | $0.70 | -- |
| 2007-12-13 | Dividend | $0.70 | -- |
| 2007-08-30 | Dividend | $0.70 | +16.67% |
| 2007-05-30 | Dividend | $0.60 | -- |
| 2007-02-26 | Dividend | $0.60 | -- |
| 2006-11-29 | Dividend | $0.60 | -- |
| 2006-08-30 | Dividend | $0.60 | -- |
| 2006-05-30 | Dividend | $0.60 | +33.33% |
| 2006-02-24 | Dividend | $0.45 | -- |
| 2005-11-29 | Dividend | $0.45 | -- |
| 2005-08-30 | Dividend | $0.45 | -- |
| 2005-05-27 | Dividend | $0.45 | +12.50% |
| 2005-02-24 | Dividend | $0.40 | -- |
| 2004-11-29 | Dividend | $0.40 | -- |
| 2004-08-31 | Dividend | $0.40 | -- |
| 2004-05-27 | Dividend | $0.40 | -- |
| 2004-02-25 | Dividend | $0.40 | +33.33% |
| 2003-11-26 | Dividend | $0.30 | -- |
| 2003-08-28 | Dividend | $0.30 | -- |
| 2003-05-29 | Dividend | $0.30 | -- |
| 2003-02-27 | Dividend | $0.30 | -- |
| 2002-11-27 | Dividend | $0.30 | +20.00% |
| 2002-08-29 | Dividend | $0.25 | -- |
| 2002-05-30 | Dividend | $0.25 | -- |
| 2002-02-26 | Dividend | $0.25 | -- |
| 2001-11-29 | Dividend | $0.25 | -- |
| 2001-08-30 | Dividend | $0.25 | -- |
| 2001-05-30 | Dividend | $0.25 | -- |
| 2001-02-23 | Dividend | $0.25 | -- |
| 2000-11-29 | Dividend | $0.25 | +100.00% |
| 2000-10-06 | Split | 10-1-for-1 Stock Split | N/A |
| 2000-08-30 | Dividend | $1.25 | -- |
| 2000-05-30 | Dividend | $1.25 | -- |
| 2000-02-28 | Dividend | $1.25 | -- |
| 1999-11-29 | Dividend | $1.25 | -- |
| 1999-08-30 | Dividend | $1.25 | +25.00% |
| 1999-05-27 | Dividend | $1.00 | +900.00% |
| 1999-02-25 | Dividend | $0.10 | -- |
| 1998-11-27 | Dividend | $0.10 | -- |
| 1998-08-28 | Dividend | $0.10 | -- |
| 1998-05-28 | Dividend | $0.10 | +25.00% |
| 1998-02-26 | Dividend | $0.08 | -- |
| 1997-11-26 | Dividend | $0.08 | -- |
| 1997-08-28 | Dividend | $0.08 | -- |
| 1997-05-29 | Dividend | $0.08 | -- |
| 1997-02-27 | Dividend | $0.08 | +14.29% |
| 1996-11-27 | Dividend | $0.07 | -- |
| 1996-08-29 | Dividend | $0.07 | -- |
| 1996-05-30 | Dividend | $0.07 | -- |
| 1996-02-29 | Dividend | $0.07 | -- |
| 1995-11-29 | Dividend | $0.07 | +16.67% |
| 1995-08-30 | Dividend | $0.06 | -- |
| 1995-05-25 | Dividend | $0.06 | -- |
| 1995-02-28 | Dividend | $0.06 | -- |
| 1994-11-25 | Dividend | $0.06 | -- |
| 1994-08-26 | Dividend | $0.06 | +20.00% |
| 1994-05-25 | Dividend | $0.05 | -- |
| 1994-02-23 | Dividend | $0.05 | -- |
| 1993-11-24 | Dividend | $0.05 | -- |
| 1993-08-26 | Dividend | $0.05 | +25.00% |
| 1993-05-25 | Dividend | $0.04 | -- |
| 1993-02-24 | Dividend | $0.04 | -- |
| 1992-11-24 | Dividend | $0.04 | -- |
| 1992-08-26 | Dividend | $0.04 | -- |
| 1992-05-27 | Dividend | $0.04 | -- |
| 1992-02-26 | Dividend | $0.04 | +14.29% |
| 1991-11-26 | Dividend | $0.04 | -- |
MTB Dividends vs. Peers
MTB's dividend yield currently ranks #6 of 12 vs. its peers in the Money Center Banks category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | PNC | PNC Financial Services Group Inc. | 0.00% |
| 2 | JPM | JPMorgan Chase & Co. | 0.00% |
| 3 | WFC | Wells Fargo & Company | 0.00% |
| 4 | CMA | Comerica Incorporated | 0.00% |
| 5 | FRC | First Republic Bank | 0.00% |
| 6 | MTB | M&T Bank Corp. | 0.00% |
| 7 | WTBFA | WTB Financial Corporation | 0.00% |
| 8 | STI | SunTrust Banks, Inc. | 0.00% |
| 9 | C | Citigroup Inc. | 0.00% |
| 10 | USB | U.S. Bancorp | 0.00% |
| 11 | BAC | Bank of America Corp. | 0.00% |
| 12 | USCB | U.S. Century Bank | 0.00% |
Looking for More Information on MTB dividends?
Want to do more research on M&T Bank Corp's dividends? Try the links below:M&T Bank Corp Common Stock (MTB) Dividend History | Nasdaq
Dividend History for M&T Bank Corp (MTB) - Dividend Investor
M&T Bank Corp (MTB) Dividend History - Seeking Alpha