NBT Bancorp Inc.
NBTBFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
3.19%
Annual Dividend
$1.60
Payout Ratio
36%
5-Yr Growth
5.6%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Key facts about NBTB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, NBT Bancorp Inc. (NBTB) has a forward dividend yield of 3.19%, based on an annual dividend of $1.60 per share and a share price of $50.18.
- As of Oct 8, 2026, NBTB's dividend safety grade from SmarterDividends is A (99 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, NBT Bancorp Inc. (NBTB) has raised its dividend for 13 consecutive years as of Oct 8, 2026.
- NBTB has never cut its regular dividend in the payment history SmarterDividends has on record.
- NBTB's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.40 per share.
- As of Oct 8, 2026, NBTB pays out 36% of its trailing 12-month earnings as dividends (its payout ratio).
- NBTB's dividend has grown at an average rate of 5.6% a year over the past five years.
- As of Oct 8, 2026, SmarterDividends' blended fair-value estimate for NBTB is $73.85 per share, 47% above the $50.18 share price, so NBTB screens as undervalued.
- NBT Bancorp Inc. (NBTB) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "NBTB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 8, 2026, https://smarterdividends.com/stocks/NBTB
Summary
As of Oct 8, 2026, NBT Bancorp Inc. (NBTB) yields 3.19% ($1.60 a year per share), has a dividend safety grade of A (99/100) and has 13 consecutive years of dividend increases on record.
Is NBTB a good dividend stock?
YesNBT Bancorp Inc. (NBTB) pays a quarterly dividend yielding 3.19% ($1.60/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 13 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (36%)
- Strong 5.6% 5-yr dividend growth
- 40% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.19%
- Payout Ratio
- 36%
- Annual Dividend
- $1.60
- 5-Yr Avg Growth
- 5.6%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 13
- Frequency
- quarterly
- Beta
- 0.49
- Market Cap
- $2.6B
- P/E Ratio
- 12.4
- 5-Yr Total Return
- 40%
- 52-Week Range
- $39.20 – $54.50
- Dividend Safety
- A · 99/100
- Ever Cut?
- No
Frequently Asked Questions
Is NBTB a good dividend stock?
Yes. NBT Bancorp Inc. (NBTB) pays a quarterly dividend yielding 3.19% ($1.60/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is NBTB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NBTB's fair value is about $73.85 versus a $50.18 share price — so it looks undervalued (+47% vs. fair value).
Is NBTB's dividend safe?
NBTB has a dividend-safety grade of A (99/100), based on its payout coverage, free-cash-flow, 13-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is NBTB's fair value?
Our blended fair-value estimate for NBTB is about $73.85 per share, roughly 47% above the current $50.18 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is NBTB a buy, hold, or sell?
We don't issue formal ratings, but on the data NBTB screens as "yes" and undervalued. NBT Bancorp Inc. (NBTB) pays a quarterly dividend yielding 3.19% ($1.60/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will NBTB cut its dividend?
NBTB earns a dividend-safety grade of A (99/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does NBTB pay a dividend?
Yes. NBT Bancorp Inc. pays a quarterly dividend of about $1.60 per share annually, a forward yield of roughly 3.19%.
What is NBTB's dividend yield?
As of Oct 8, 2026, NBTB's forward dividend yield is 3.19%, based on a $1.60 annual dividend and a $50.18 share price.
What is NBTB's dividend per share?
As of Oct 8, 2026, NBTB pays $1.60 per share per year, distributed on a quarterly basis.
What is NBTB's dividend payout ratio?
As of Oct 8, 2026, NBTB's payout ratio is 36% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has NBTB grown its dividend?
As of Oct 8, 2026, NBTB has increased its dividend for 13 consecutive years.
When is the next NBTB ex-dividend date?
As of Oct 8, 2026, NBTB's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.40 per share.
NBTB Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+54%
5 Years
+40%
52-Week Range
$39.20 – $54.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NBTB worth?
Undervaluedmedium confidenceOur blended fair-value estimate for NBT Bancorp Inc. is $73.85 per share, versus a market price of $50.18. That implies 47% of upside — a margin of safety of about 32%.
Fair Value
$73.85
Current Price
$50.18
Upside
+47%
Margin of Safety
32%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $4.11 EPS, $1.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NBTB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full NBTB dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | Sep 15, 2026 | $0.4000 | regular |
| Jun 1, 2026 | Jun 15, 2026 | $0.3700 | regular |
| Mar 2, 2026 | Mar 16, 2026 | $0.3700 | regular |
| Dec 1, 2025 | Dec 15, 2025 | $0.3700 | regular |
| Aug 29, 2025 | Sep 15, 2025 | $0.3700 | regular |
| Jun 2, 2025 | Jun 16, 2025 | $0.3400 | regular |
| Mar 3, 2025 | Mar 17, 2025 | $0.3400 | regular |
| Dec 2, 2024 | Dec 16, 2024 | $0.3400 | regular |
| Aug 30, 2024 | Sep 13, 2024 | $0.3400 | regular |
| Jun 3, 2024 | Jun 17, 2024 | $0.3200 | regular |
| Feb 29, 2024 | Mar 15, 2024 | $0.3200 | regular |
| Nov 30, 2023 | Dec 15, 2023 | $0.3200 | regular |
| Aug 31, 2023 | Sep 15, 2023 | $0.3200 | regular |
| May 31, 2023 | Jun 15, 2023 | $0.3000 | regular |
Income Calculator
At $1.60 / yr per share
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