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M&T Bank (M&T Bank) Dividend Payout Ratio

: 0.46 (As of Dec. 2023)
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M&T Bank's dividend payout ratio for the months ended in Dec. 2023 was 0.46.

The historical rank and industry rank for M&T Bank's Dividend Payout Ratio or its related term are showing as below:

MTB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.34   Max: 0.44
Current: 0.35


During the past 13 years, the highest Dividend Payout Ratio of M&T Bank was 0.44. The lowest was 0.28. And the median was 0.34.

MTB's Dividend Payout Ratio is ranked worse than
52.01% of 1092 companies
in the Banks industry
Industry Median: 0.33 vs MTB: 0.35

As of today (2024-04-20), the Dividend Yield % of M&T Bank is 3.63%.

During the past 13 years, the highest Trailing Annual Dividend Yield of M&T Bank was 4.71%. The lowest was 1.52%. And the median was 2.44%.

M&T Bank's Dividends per Share for the months ended in Dec. 2023 was $1.30.

During the past 12 months, M&T Bank's average Dividends Per Share Growth Rate was 8.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of M&T Bank was 38.10% per year. The lowest was 2.30% per year. And the median was 15.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


M&T Bank Dividend Payout Ratio Historical Data

The historical data trend for M&T Bank's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

M&T Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.44 0.32 0.33 0.32

M&T Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.25 0.32 0.46 0.42

Competitive Comparison

For the Banks - Regional subindustry, M&T Bank's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M&T Bank Dividend Payout Ratio Distribution

For the Banks industry and Financial Services sector, M&T Bank's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where M&T Bank's Dividend Payout Ratio falls into.



M&T Bank Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

M&T Bank's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=5.2/ 16.08
=0.32

M&T Bank's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.3/ 2.81
=0.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


M&T Bank (NYSE:MTB) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


M&T Bank Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of M&T Bank's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


M&T Bank (M&T Bank) Business Description

Traded in Other Exchanges
Address
One M&T Plaza, Buffalo, NY, USA, 14203
M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
Executives
John P Barnes director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, BRIDGEPORT CT 06604
Kirk W Walters director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, 16TH FLOOR, BRIDGEPORT CT 06604
Gary N Geisel director C/O PROVIDENT BANKSHARES CORP, 114 LEXINGTON STREET, BALTIMORE MD 21202
Robert J Bojdak officer: Executive Vice President ONE FOUNTAIN PLAZA, BUFFALO NY 14203
Doris P. Meister officer: Executive Vice President 1100 NORTH MARKET STREET, WILMINGTON DE 19801
Daryl N. Bible officer: Sr. EVP & CFO 214 N TRYON STREET, CHARLOTTE NC 28202
John R. Taylor officer: EVP & Controller ONE M&T PLAZA, BUFFALO NY 14203
Ledgett Richard H. Jr. director 1052 ST. STEPHENS CHURCH ROAD, CROWNSVILLE MD 21032
Carlton J. Charles director 300 WEST 57TH STREET, NEW YORK NY 10019
Warman D Scott N officer: Senior Vice President ONE M&T PLAZA, BUFFALO NY 14203
Michael J. Todaro officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Michele D Trolli officer: Exec. VP & Chief Info. Officer 465 MAIN STREET, 8TH FLOOR, BUFFALO NY 14203
Edna Jennifer Warren officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Christopher E Kay officer: Executive Vice President 500 W MAIN STREET, LOUISVILLE KY 40202
Kevin J Pearson officer: Executive Vice President