Byline Bancorp (BY) Initiates $0.03 Quarterly Dividend; 0.6% Yield

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Go back to Byline Bancorp (BY) Initiates $0.03 Quarterly Dividend; 0.6% Yield

Byline Bancorp Initiates Cash Dividend

December 12, 2019 7:45 PM EST

CHICAGO--(BUSINESS WIRE)-- Byline Bancorp, Inc. (NYSE: BY) announced today that its Board of Directors has declared a cash dividend on its common stock of $0.03 per share for the quarter. The dividend is payable on January 7, 2020 to all stockholders of record as of the close of business on December 24, 2019.

Since the recapitalization in 2013, we have successfully executed on our strategic plan to generate profitable growth and enhance the value of the Byline franchise, said Alberto Paracchini, President and Chief Executive Officer of Byline. Our Board believes that our current level of profitability and strong... More