SmarterDividends
MTB-PJ

M&T Bank (MTB-PJ) Dividend

M&T Bank Corporation · Financial Services · Banks - Regional · quarterly payer

$25.24

Undervalued · +20% Add to Portfolio

As of Nov 8, 2026, M&T Bank (MTB-PJ) pays a quarterly dividend of $0.4688 per share, or $1.88 a year, a 7.43% yield at its $25.24 share price. The next ex-dividend date is Dec 1, 2026, paid Dec 15, 2026. It has a dividend safety grade of C.

Forward Yield

7.43%

Annual Dividend

$1.88

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Dec 1, 2026

Frequency

Quarterly

Key facts about MTB-PJ's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, M&T Bank Corporation (MTB-PJ) has a forward dividend yield of 7.43%, based on an annual dividend of $1.88 per share and a share price of $25.24.
  • As of Nov 8, 2026, MTB-PJ's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • MTB-PJ last cut its regular dividend in 2025.
  • MTB-PJ's next ex-dividend date is Dec 1, 2026, with payment on Dec 15, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 8, 2026, MTB-PJ's 7.43% yield is 33% above its five-year average yield of 5.58%.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for MTB-PJ is $30.34 per share, 20% above the $25.24 share price, so MTB-PJ screens as undervalued.
  • M&T Bank Corporation (MTB-PJ) pays its dividend quarterly, 4 times a year.
  • M&T Bank Corporation (MTB-PJ) has raised its regular dividend 0 times and cut it 0 times across the 9 payments on record since 2024. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "MTB-PJ Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/MTB-PJ

Is MTB-PJ a good dividend stock?

Mixed

M&T Bank Corporation (MTB-PJ) pays a quarterly dividend yielding 7.43% ($1.88/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025

    Key Data

    Dividend Yield
    7.43%
    Payout Ratio
    —
    Annual Dividend
    $1.88
    5-Yr Avg Growth
    —
    Ex-Dividend Date
    Dec 1, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.64
    Market Cap
    —
    P/E Ratio
    —
    5-Yr Total Return
    —
    52-Week Range
    $24.86 – $27.08
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2025)

    MTB-PJ dividend raises and cuts

    M&T Bank Corporation (MTB-PJ) has raised its regular dividend 0 times and cut it 0 times across the 9 payments on record since 2024. The regular dividend has not changed in that time.

    MTB-PJ ex-dividend date & scheduleNext ex-date Dec 1, 2026 · full ex-dividend historyView →MTB-PJ dividend historyEvery payment, totals by year, raises and cutsView →MTB-PJ dividend calculator100 shares pay $188.00 a year, $47.00 each quarterCalculate →MTB-PJ total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is MTB-PJ a good dividend stock?

    Mixed. M&T Bank Corporation (MTB-PJ) pays a quarterly dividend yielding 7.43% ($1.88/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is MTB-PJ undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MTB-PJ's fair value is about $30.34 versus a $25.24 share price — so it looks undervalued (+20% vs. fair value).

    Is MTB-PJ's dividend safe?

    MTB-PJ has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is MTB-PJ's fair value?

    Our blended fair-value estimate for MTB-PJ is about $30.34 per share, roughly 20% above the current $25.24 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is MTB-PJ a buy, hold, or sell?

    We don't issue formal ratings, but on the data MTB-PJ screens as "mixed" and undervalued. M&T Bank Corporation (MTB-PJ) pays a quarterly dividend yielding 7.43% ($1.88/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will MTB-PJ cut its dividend?

    MTB-PJ earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does MTB-PJ pay a dividend?

    Yes. M&T Bank Corporation pays a quarterly dividend of about $1.88 per share annually, a forward yield of roughly 7.43%.

    How much dividend does 100 shares of MTB-PJ pay?

    At $1.88 per share a year, 100 shares of MTB-PJ pay $188.00 a year in dividends before tax, about $47.00 each quarter. Buying them costs about $2,524 at the Nov 8, 2026 price.

    What is MTB-PJ's dividend yield?

    As of Nov 8, 2026, MTB-PJ's forward dividend yield is 7.43%, based on a $1.88 annual dividend and a $25.24 share price.

    What is MTB-PJ's dividend per share?

    As of Nov 8, 2026, MTB-PJ pays $1.88 per share per year, distributed on a quarterly basis.

    How many years has MTB-PJ grown its dividend?

    MTB-PJ does not currently have a long dividend-growth streak on record.

    When is the next MTB-PJ ex-dividend date?

    As of Nov 8, 2026, the next ex-dividend date on record for MTB-PJ is Dec 1, 2026.