Bay Street News

Wintrust Financial Corporation Announces Cash Dividends, Increasing Quarterly Common Stock Dividend Rate 12%

ROSEMONT, Ill., Jan. 23, 2020 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.28 per share of outstanding common stock.  The dividend is payable on February 20, 2020 to shareholders of record as of February 6, 2020.  This represents an increase of approximately 12% from the $0.25 quarterly cash dividend paid in each of the quarters of 2019.
Additionally, the Company’s Board of Directors approved quarterly cash dividends on outstanding shares of the Company’s 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D.  The dividend is payable on April 15, 2020 to shareholders of record as of April 1, 2020.About Wintrust
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