M&T Bank Dividends and Buybacks
Dividend criteria checks 5/6
M&T Bank is a dividend paying company with a current yield of 2.85% 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
2.8%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 5.4% |
| 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
M&T Bank: Improved Credit Quality Highlights A Strong Q3
Oct 17M&T Bank: Strong Credit Recoveries Power A Better Q2 (Rating Upgrade)
Jul 23Hold Steady: Evaluating M&T Bank Corporation Performance
Jul 057.3% Yield And Investment Grade? Yes! M&T Bank
Jun 21M&T Bank: Buy The Dip
Apr 11M&T Bank: Fully Re-Rated (Rating Downgrade)
Jan 25M&T Bank Hasn't Seen The Price Growth It Deserves
Dec 30M&T Bank Delivering With A More Conservative But Still Profitable Plan
Oct 20Navigating M&T Bank: A Hidden Gem Or A Lost Cause?
Oct 02Deposit Pressures Make M&T Bank A Sell
Sep 10Why M&T Bank Is A Strong Buy And A Hidden Value Opportunity
Jul 20M&T Bank: 4.5% Yield, Solid Deposit Franchise, 18% Discount To BV
Jun 26M&T Bank Offers Rate And Operating Leverage, But Execution Is Crucial
Jan 24M&T Bank Q4 2022 Earnings Preview
Jan 18M&T Bank upped to Outperform at Wedbush, calling it a 'defensive safe haven'
Jan 03M&T Bank to sell Collective Investment Trust unit to Madison Dearborn
Dec 19M&T Bank declares $1.20 dividend
Nov 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MTB's dividends per share have been stable in the past 10 years.
Growing Dividend: MTB'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 (MTB) | 2.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Banks) | 2.7% |
| Analyst forecast (MTB) (up to 3 years) | 3.0% |
Notable Dividend: MTB's dividend (2.85%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: MTB's dividend (2.85%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), MTB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MTB's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
M&T Bank Corporation is covered by 50 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| David George | Baird |
| Ishan Majumdar | Baptista Research |