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M&T Bank (M&T Bank) 5-Year Dividend Growth Rate

: 7.10% (As of Dec. 2023)
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M&T Bank's Dividends per Share for the three 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

M&T Bank's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.46. As of today, M&T Bank's Dividend Yield % is 3.78%.

Warning Sign:

M&T Bank Corp stock dividend yield is close to 1-year low.

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


Competitive Comparison

For the Banks - Regional subindustry, M&T Bank's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, M&T Bank's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where M&T Bank's 5-Year Dividend Growth Rate falls into.



M&T Bank 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


M&T Bank  (NYSE:MTB) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

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.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

M&T Bank Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3002024-03-012024-03-042024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-11-302023-12-012023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-08-312023-09-012023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.3002023-05-312023-06-012023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

M&T Bank's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.2/137.39
=3.78 %

Current Share Price is $137.39.
M&T Bank's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.2.

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

Warning Sign:

M&T Bank Corp stock dividend yield is close to 1-year low.

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of M&T Bank's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Industry
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