SmarterDividends
NTB

The Bank of N.T. Butterfield & Son Limited

NTB

Financial Services · Banks - Diversified · Stock · quarterly payer

$58.65

Undervalued · +67% Add to Portfolio

Forward Yield

3.41%

Annual Dividend

$2.00

Payout Ratio

35%

5-Yr Growth

0.9%

Ex-Date

Aug 12, 2026

Frequency

Quarterly

Key facts about NTB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, The Bank of N.T. Butterfield & Son Limited (NTB) has a forward dividend yield of 3.41%, based on an annual dividend of $2.00 per share and a share price of $58.65.
  • As of Oct 18, 2026, NTB's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
  • NTB has never cut its regular dividend in the payment history SmarterDividends has on record.
  • NTB's most recent ex-dividend date was Aug 12, 2026, for a dividend of $0.50 per share.
  • As of Oct 18, 2026, NTB pays out 35% of its trailing 12-month earnings as dividends (its payout ratio).
  • NTB's dividend has grown at an average rate of 0.9% a year over the past five years.
  • As of Oct 18, 2026, NTB's 3.41% yield is 30% below its five-year average yield of 4.89%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NTB is $98.03 per share, 67% above the $58.65 share price, so NTB screens as undervalued.
  • The Bank of N.T. Butterfield & Son Limited (NTB) pays its dividend quarterly, 4 times a year.
  • The Bank of N.T. Butterfield & Son Limited (NTB) has raised its regular dividend 4 times and cut it 0 times across the 37 payments on record since 2016. Its most recent change was a 13.6% increase to $0.500 per share, going ex-dividend on Aug 11, 2025.
Cite this page

SmarterDividends, "NTB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NTB

Summary

As of Oct 18, 2026, The Bank of N.T. Butterfield & Son Limited (NTB) yields 3.41% ($2.00 a year per share) and has a dividend safety grade of A (85/100).

Is NTB a good dividend stock?

Yes

The Bank of N.T. Butterfield & Son Limited (NTB) pays a quarterly dividend yielding 3.41% ($2.00/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (35%)
  • 59% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.41%
Payout Ratio
35%
Annual Dividend
$2.00
5-Yr Avg Growth
0.9%
Ex-Dividend Date
Aug 12, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.54
Market Cap
$2.3B
P/E Ratio
10.3
5-Yr Total Return
59%
52-Week Range
$41.60 – $64.17
Dividend Safety
A · 85/100
Ever Cut?
No

NTB dividend raises and cuts

The Bank of N.T. Butterfield & Son Limited (NTB) has raised its regular dividend 4 times and cut it 0 times across the 37 payments on record since 2016. Its most recent change was a 13.6% increase to $0.500 per share, going ex-dividend on Aug 11, 2025.

Ex-dateChangeOld → newMove
Aug 11, 2025Raise$0.440 → $0.500+13.6%
Aug 2, 2019Raise$0.380 → $0.440+15.8%
Feb 23, 2018Raise$0.320 → $0.380+18.8%
Mar 9, 2017Raise$0.100 → $0.320+220.0%
Every NTB payment →Download every raise and cut (CSV)
NTB ex-dividend date & scheduleNext ex-date Aug 12, 2026 · full ex-dividend historyView →NTB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NTB a good dividend stock?

Yes. The Bank of N.T. Butterfield & Son Limited (NTB) pays a quarterly dividend yielding 3.41% ($2.00/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is NTB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NTB's fair value is about $98.03 versus a $58.65 share price — so it looks undervalued (+67% vs. fair value).

Is NTB's dividend safe?

NTB has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is NTB's fair value?

Our blended fair-value estimate for NTB is about $98.03 per share, roughly 67% above the current $58.65 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NTB a buy, hold, or sell?

We don't issue formal ratings, but on the data NTB screens as "yes" and undervalued. The Bank of N.T. Butterfield & Son Limited (NTB) pays a quarterly dividend yielding 3.41% ($2.00/yr), with 1 year 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 NTB cut its dividend?

NTB earns a dividend-safety grade of A (85/100), 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 NTB pay a dividend?

Yes. The Bank of N.T. Butterfield & Son Limited pays a quarterly dividend of about $2.00 per share annually, a forward yield of roughly 3.41%.

What is NTB's dividend yield?

As of Oct 18, 2026, NTB's forward dividend yield is 3.41%, based on a $2.00 annual dividend and a $58.65 share price.

What is NTB's dividend per share?

As of Oct 18, 2026, NTB pays $2.00 per share per year, distributed on a quarterly basis.

What is NTB's dividend payout ratio?

As of Oct 18, 2026, NTB's payout ratio is 35% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has NTB grown its dividend?

As of Oct 18, 2026, NTB has increased its dividend for 1 consecutive years.

When is the next NTB ex-dividend date?

As of Oct 18, 2026, NTB's next ex-dividend date hasn't been announced. The most recent was Aug 12, 2026, for $0.50 per share.

Income Calculator

At $2.00 / yr per share

Per payment (quarterly)$50.00
Annual$200.00
Monthly avg$16.67

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