M&T Bank Corporation is highlighted as a top dividend stock, currently paying $1.50 per share with a dividend yield of 2.53%. The company's annualized dividend of $6.00 represents a 5.3% increase from last year, and it has raised its dividend three times over the past five years for an average annual increase of 5.36%. Its payout ratio stands at 33%, and the Zacks Consensus Estimate for fiscal year 2026 earnings is $18.73 per share, implying year-over-year earnings growth of 8.90%. The stock carries a Zacks Rank of #3 (Hold).
M&T Bank CorporationArticle highlights M&T Bank as a top dividend stock with a 5.3% dividend increase, low payout ratio, and expected earnings growth, all positive for income-focused investors.