M&T Bank Corporation's (MTB) Dividend Stability Through Economic Cycles and its Role in Cheap Quarterly Dividend Stocks

M&T Bank Corporation (NYSE:MTB) is included among the 11 Cheap Quarterly Dividend Stocks to Buy Right Now.

M&T Bank Corporation (NYSE:MTB) is a regional lender with operations across several states, holding a strong position in community, commercial, and retail banking. Its offerings include traditional services such as mortgage lending, commercial and industrial loans, and consumer finance, along with fee-based products like wealth management, trust, and mortgage banking.

M&T Bank Corporation (NYSE:MTB)’s recent priorities center on regulatory compliance, disciplined capital and liquidity management, risk oversight, and growing fee-based income. It aims to uphold strong asset quality, use capital efficiently, and stand out through community banking and tailored service. Its long-term performance relies on balancing compliance requirements, maintaining financial stability, managing risks, expanding customer relationships, and adapting to shifting economic conditions.

M&T Bank Corporation (NYSE:MTB)’s dividend history makes it an appealing option for income investors. On August 20, the company declared an 11% hike in its quarterly dividend to $1.50 per share. This marked the company’s ninth consecutive year of dividend growth. As of September 23, the stock has a dividend yield of 2.99%.

While we acknowledge the potential of MTB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.