M&T Bank Corporation (MTB) is a Top Dividend Stock Right Now: Should You Buy?

M&T Bank Corporation (MTB), a Buffalo-based regional bank, is highlighted as a compelling dividend investment opportunity. The company offers a dividend yield of 2.55% with an annualized dividend of $6.00, up 5.3% year-over-year. With a conservative 31% payout ratio and expected earnings growth of 13.08% for 2026, MTB presents a strong dividend play, though it carries a Zacks Rank of #3 (Hold).