M&T Bank is a dividend paying company with a current yield of 2.43% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
2.4%
Dividend yield
0.5%
Buyback Yield
Total Shareholder Yield
3.0%
Future Dividend Yield
2.6%
Dividend Growth
5.6%
Next dividend pay date
31 Dec 24
Ex dividend date
02 Dec 24
Dividend per share
€5.400
Payout ratio
39%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTZ's dividends per share have been stable in the past 10 years.
Growing Dividend: MTZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
M&T Bank Dividend Yield vs Market
How does MTZ dividend yield compare to the market?
Segment
Dividend Yield
Company (MTZ)
2.4%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Banks)
6.4%
Analyst forecast (MTZ) (up to 3 years)
2.6%
Notable Dividend: MTZ's dividend (2.43%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: MTZ's dividend (2.43%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), MTZ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MTZ's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).