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NLOP vs MTB: Dividend Comparison 2026

NLOP yields 197.79% · MTB yields 2.91%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 NLOP wins by $111.89M in total portfolio value
10 years
NLOP
NLOP
● Live price
197.79%
Share price
$11.30
Annual div
$22.35
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$111.94M
Annual income
$56,120,699.27
Full NLOP calculator →
MTB
MTB
● Live price
2.91%
Share price
$201.13
Annual div
$5.85
5Y div CAGR
29.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$48.5K
Annual income
$7,904.03
Full MTB calculator →

Portfolio growth — NLOP vs MTB

📍 NLOP pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodNLOPMTB
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, NLOP + MTB cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
NLOP pays
MTB pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

NLOP
Annual income on $10K today (after 15% tax)
$16,811.95/yr
After 10yr DRIP, annual income (after tax)
$47,702,594.38/yr
MTB
Annual income on $10K today (after 15% tax)
$247.23/yr
After 10yr DRIP, annual income (after tax)
$6,718.43/yr
At 15% tax rate, NLOP beats the other by $47,695,875.95/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of NLOP + MTB for your $10,000?

NLOP: 50%MTB: 50%
100% MTB50/50100% NLOP
Portfolio after 10yr
$55.99M
Annual income
$28,064,301.65/yr
Blended yield
50.12%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on MTB right now

NLOP
Analyst Ratings
1
Buy
Consensus: Buy
Price Target
$73.00
+546.0% upside vs current
Range: $73.00 — $73.00
Altman Z
-0.9
Piotroski
5/9
MTB
Analyst Ratings
15
Buy
29
Hold
4
Sell
Consensus: Hold
Price Target
$228.63
+13.7% upside vs current
Range: $208.00 — $255.00
Altman Z
-0.3
Piotroski
8/9
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

NLOP buys
0
MTB buys
0
No recent congressional trades found for NLOP or MTB in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricNLOPMTB
Forward yield197.79%2.91%
Annual dividend / share$22.35$5.85
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%29.4%
Portfolio after 10y$111.94M$48.5K
Annual income after 10y$56,120,699.27$7,904.03
Total dividends collected$105.42M$24.8K
Payment frequencyquarterlyquarterly
SectorStockFinancials
Analyst consensusBuyHold
Analyst price target$73.00$228.63

Year-by-year: NLOP vs MTB ($10,000, DRIP)

YearNLOP PortfolioNLOP Income/yrMTB PortfolioMTB Income/yrGap
1← crossover$30,479$19,778.76$11,076$376.37+$19.4KNLOP
2$88,952$56,339.45$12,356$504.15+$76.6KNLOP
3$248,847$153,668.87$13,901$680.12+$234.9KNLOP
4$668,039$401,772.81$15,799$925.35+$652.2KNLOP
5$1,722,815$1,008,012.72$18,177$1,271.90+$1.70MNLOP
6$4,272,922$2,429,510.56$21,219$1,769.67+$4.25MNLOP
7$10,203,492$5,631,465.45$25,203$2,498.31+$10.18MNLOP
8$23,485,601$12,567,864.41$30,556$3,588.54+$23.46MNLOP
9$52,164,853$27,035,259.74$37,956$5,261.49+$52.13MNLOP
10$111,937,092$56,120,699.27$48,517$7,904.03+$111.89MNLOP

NLOP vs MTB: Complete Analysis 2026

NLOPStock

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust with a portfolio of 59 high-quality office properties, totaling approximately 8.7 million leasable square feet primarily leased to corporate tenants on a single-tenant net lease basis. The vast majority of the office properties owned by NLOP are located in the U.S., with the balance in Europe. The portfolio consists of 62 corporate tenants operating in a variety of industries, generating annualized based rent (ABR) of approximately $145 million. NLOP's business plan is to focus on realizing value for its shareholders primarily through strategic asset management and disposition of its property portfolio over time. Given WPC's extensive knowledge of the portfolio, NLOP is externally managed and advised by wholly owned affiliates of WPC to successfully execute on its business strategy. Over the course of its 50-year history, WPC has developed significant expertise in the single-tenant office real estate sector, including the operation, leasing, acquisition and development of assets through many market cycles, and has a proven track record of execution.

Full NLOP Calculator →

MTBFinancials

M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Commercial Real Estate segment originates, sells, and services commercial real estate loans; and offers deposit services. Its Discretionary Portfolio segment provides deposits; securities, residential real estate loans, and other assets; and short and long term borrowed funds, as well as foreign exchange services. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also provides trust and wealth management; fiduciary and custodial; insurance agency; institutional brokerage and securities; and investment management services. It offers its services through banking offices, business banking centers, telephone and internet banking, and automated teller machines. As of December 31, 2021, the company operates 688 domestic banking offices in New York State, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia; and a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.

Full MTB Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.