M&T Bank Dividends and Buybacks
Dividend criteria checks 5/6
M&T Bank is a dividend paying company with a current yield of 2.45% 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 | 5.2% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | US$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: 0JW2's dividends per share have been stable in the past 10 years.
Growing Dividend: 0JW2's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| M&T Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0JW2) | 2.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Banks) | 5.3% |
| Analyst forecast (0JW2) (up to 3 years) | 2.6% |
Notable Dividend: 0JW2's dividend (2.45%) is higher than the bottom 25% of dividend payers in the UK market (2.09%).
High Dividend: 0JW2's dividend (2.45%) is low compared to the top 25% of dividend payers in the UK market (5.81%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), 0JW2's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0JW2's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).