M&T Bank Corporation

MTB
Financial Services
$240.34
2.50%Fair Value

M&T Bank Corporation (MTB) is a Financial Services company that currently yields 2.50% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $135.71 and the overvaluation threshold at $261.12. M&T Bank Corporation holds a quality score of 65/100 (Good), reflecting 14 consecutive years of dividend growth with a 32% payout ratio. The 5-year dividend CAGR stands at 5.3%.

MTB Dividend Yield History — Weiss Valuation

Underval. $135.71Overval. $261.12

Distance to undervalued

Waiting for a better entry

Needs about 43.5% downside to reach the Weiss buy zone

Undervaluation starts near $135.71, where the annual dividend would imply roughly 4.42% yield. That is 1.92% above today's yield.

Buy-zone price

$135.71

Target yield

4.42%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

32%

Earnings coverage leaves room for noise.

Cash payout

N/A

Confirm cash conversion and one-off effects.

Dividend growth

5.3%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

M&T Bank Corporation is trading at a fair valuation relative to its dividend history.

Current yield 2.5% vs historical max 4.8% (52% of maximum).

14 consecutive years without a dividend cut.

Conservative payout ratio of 32%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 65/100 quality score calls for selective follow-up, not autopilot.

Start by checking whether payout coverage and business durability still support the dividend.

MTB Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$263

Year 10 Income

$558

Yield on Cost

5.82%

Total Income

$3,905

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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MTB Dividend Quality Score

Quality Score

65/ 100

Good

Payout Ratio25/25
Dividend Streak20/25
Growth (CAGR 5Y)15/20
Yield vs History5/15
FCF Coverage0/15

Key Metrics

Current Price$240.34
Annual Dividend$6.00
Current Yield2.50%
Yield — Max (10Y)4.81%
Yield — Min (10Y)2.39%
Undervalued Below$135.71
Overvalued Above$261.12
Payout Ratio31.76%
CAGR Dividend 5Y5.3%
CAGR Dividend 10Y7.4%
Years No Cut14y

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14
consecutive years of dividend growth