Robert Allan Schwartz's dividend growth company information web site

Navigation:

Home page
Companies
Dividend bumpiness by year
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Which companies have slowing dividend growth?

Company: M & T BANK CORP (MTB)

This page shows only data up to the final business day of 2018.

Additional financial information for this company can be found at:
Total number of dividends paid: 157.

Dividend payment frequency:

FrequencyNumber of dividends
Annually0
Semi-annually0
Quarterly157
Monthly0
Irregularly0
'none'0

Current frequency is quarterly.

Dividend payment timing:

MonthNumber of dividends
January0
February0
March40
April0
May0
June39
July0
August0
September39
October0
November0
December39

Cancellations/Discontinuations/Omissions:

StatusNumber
Cancelled0
Discontinued0
Omitted0

Dividends per share by year:

The number in parentheses is the number of non-special dividends declared/paid during that period.

How do I determine the "bumpiness" of a company?
Mathematically, I use the standard deviation around the arithmetic mean of the dividend raise percentages.
I have devised a "bumpiness metric" which will tell at a glance how smooth or bumpy a company's dividend history has been.
For you math geeks, the bumpiness is the standard deviation rounded to the nearest integer.
The result is a whole number that tells you whether a company's dividend history has been smooth or teeth-rattling.

YearDividends paidIncrease from previous yearCompound annual growth rate to 2018 fromBumpiness to 2018 fromMean to 2018 fromStandard deviation to 2018 from
1980$ 0.01000 (4) 16.711% 2518.638%24.510
1981$ 0.01900 (4) 90.000% 15.184% 2216.709%21.808
1982$ 0.04250 (4) 123.684% 13.080% 1313.737%12.732
1983$ 0.05000 (4) 17.647% 12.952% 1313.626%12.895
1984$ 0.06500 (5) 30.000% 12.486% 1313.144%12.769
1985$ 0.06250 (4) -3.846% 13.022% 1313.659%12.609
1986$ 0.07000 (4) 12.000% 13.054% 1313.711%12.801
1987$ 0.08000 (4) 14.286% 13.014% 1313.692%13.005
1988$ 0.09000 (4) 12.500% 13.032% 1313.732%13.218
1989$ 0.11000 (4) 22.222% 12.727% 1313.439%13.348
1990$ 0.12500 (4) 13.636% 12.695% 1413.432%13.585
1991$ 0.14000 (4) 12.000% 12.721% 1413.485%13.831
1992$ 0.16000 (4) 14.286% 12.661% 1413.454%14.094
1993$ 0.19000 (4) 18.750% 12.424% 1413.242%14.332
1994$ 0.22000 (4) 15.789% 12.286% 1513.136%14.618
1995$ 0.25000 (4) 13.636% 12.228% 1513.115%14.932
1996$ 0.28000 (4) 12.000% 12.238% 1513.165%15.266
1997$ 0.32000 (4) 14.286% 12.141% 1613.112%15.623
1998$ 0.38000 (4) 18.750% 11.821% 1612.830%15.957
1999$ 0.45000 (4) 18.421% 11.484% 1612.536%16.318
2000$ 0.62500 (4) 38.889% 10.131% 1611.072%15.503
2001$ 1.00000 (4) 60.000% 7.737% 108.194%10.265
2002$ 1.05000 (4) 5.000% 7.911% 118.393%10.549
2003$ 1.20000 (4) 14.286% 7.499% 118.000%10.781
2004$ 1.60000 (4) 33.333% 5.858% 96.191%8.685
2005$ 1.75000 (4) 9.375% 5.592% 95.946%8.966
2006$ 2.25000 (4) 28.571% 3.873% 64.060%6.393
2007$ 2.60000 (4) 15.556% 2.872% 63.015%5.611
2008$ 2.80000 (4) 7.692% 2.402% 62.548%5.677
2009$ 2.80000 (4)NO CHANGE 2.672% 62.831%5.916
2010$ 2.80000 (4)NO CHANGE 3.011% 63.185%6.185
2011$ 2.80000 (4)NO CHANGE 3.449% 63.639%6.485
2012$ 2.80000 (4)NO CHANGE 4.035% 74.246%6.819
2013$ 2.80000 (4)NO CHANGE 4.861% 75.095%7.174
2014$ 2.80000 (4)NO CHANGE 6.113% 76.369%7.498
2015$ 2.80000 (4)NO CHANGE 8.232% 88.492%7.545
2016$ 2.80000 (4)NO CHANGE 12.599% 612.738%5.595
2017$ 3.00000 (4) 7.143% 18.333% 018.333%0.000
2018$ 3.55000 (4) 18.333%

What price should you pay today if you wanted last year's dividends ($ 3.55000) to represent a yield of X%?

YieldPrice
0.5%$710.00
1.0%$355.00
1.5%$236.67
2.0%$177.50
2.5%$142.00
3.0%$118.33
3.5%$101.43
4.0%$ 88.75
4.5%$ 78.89
5.0%$ 71.00
5.5%$ 64.55
6.0%$ 59.17
6.5%$ 54.62
7.0%$ 50.71
7.5%$ 47.33
8.0%$ 44.38
8.5%$ 41.76
9.0%$ 39.44
9.5%$ 37.37
10.0%$ 35.50

Copyright @ 2019 by Robert Allan Schwartz. Reproduction prohibited. All rights reserved.

All data up to 12/31/2015 are from Bloomberg.
All date after 1/1/2016 are from The Wall Street Journal and http://www.dividendinvestor.com.

All information provided "as is" for informational purposes only, not intended for trading purposes or advice.
Neither Robert Allan Schwartz nor Tessellation.com is liable for any informational errors, or incompleteness, or for any actions taken in reliance on information contained herein. By accessing this site, you agree not to redistribute the information found therein.