M&T Bank Corporation Offers 2.38% Dividend Yield with 5.3% Annualized Increase

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โดย Zacks Investment Research·Read original
Summary · why it matters

M&T Bank Corporation is highlighted as a compelling dividend stock, currently paying $1.50 per share for a yield of 2.38%. 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%. With a payout ratio of 31% and expected earnings growth of 12.91% to $19.42 per share in fiscal 2026, the stock holds a Zacks Rank of #3 (Hold).

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M&T Bank Corporation
MTB
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Article highlights dividend increase, yield, low payout ratio, and expected earnings growth, all positive for the stock.