By the end of today, February 20, 2024, Subtitle Bancorp FROM is set to pay a dividend of $0.09 per share, equivalent to an annualized dividend yield of 1.54%. Shareholders who owned shares prior to the ex-dividend date of February 5, 2024 will receive this payment.
Byline Bancorp Recent Dividend Payments
| Ex-date | Payments per year | Dividend | Product | Announced | Documentation | Payable |
|---|---|---|---|---|---|---|
| 2024-02-05 | 4 | $0.09 | 1.54% | 2024-01-25 | 2024-02-06 | 2024-02-20 |
| 2023-11-06 | 4 | $0.09 | 1.91% | 24-10-2023 | 2023-11-07 | 2023-11-21 |
| 2023-08-07 | 4 | $0.09 | 1.75% | 2023-07-27 | 2023-08-08 | 08-22-2023 |
| 2023-05-08 | 4 | $0.09 | 1.83% | 2023-04-25 | 2023-05-09 | 2023-05-23 |
| 2023-02-06 | 4 | $0.09 | 1.56% | 2023-01-24 | 2023-02-07 | 2023-02-21 |
| 2022-11-07 | 4 | $0.09 | 1.6% | 25-10-2022 | 2022-11-08 | 22-11-2022 |
| 2022-08-08 | 4 | $0.09 | 1.48% | 2022-07-26 | 2022-08-09 | 2022-08-23 |
| 2022-05-06 | 4 | $0.09 | 1.49% | 2022-04-26 | 2022-05-09 | 2022-05-23 |
| 2022-02-07 | 4 | $0.09 | 1.3% | 01-25-2022 | 2022-02-08 | 2022-02-22 |
| 2021-11-08 | 4 | $0.09 | 1.42% | 2021-10-26 | 2021-11-09 | 2021-11-23 |
| 2021-08-09 | 4 | $0.09 | 1.55% | 2021-07-27 | 2021-08-10 | 2021-08-24 |
| 2021-05-10 | 4 | $0.06 | 1.1% | 2021-04-27 | 2021-05-11 | 2021-05-25 |
In terms of dividend yield, Byline Bancorp is in the middle ground among its industry peers Provide final services PFS leads with the highest annualized dividend yield of 6.15%.
Byline Bancorp Financial Health Analysis
Companies that pay consistent cash dividends are attractive to income-seeking investors, and financially healthy companies tend to maintain their dividend payment schedule. For this reason, investors may find it interesting to see whether a company has increased or decreased its dividend payout schedule and whether its earnings are growing.
YoY growth in dividend per share
Investors have witnessed an upward trajectory of the company’s dividend per share between 2020 and 2023. The dividend per share increased from $0.12 to $0.36, indicating the company’s commitment to improving value for investors shareholders through increased dividends.
Year-over-Year Earnings Growth for Byline Bancorp
From 2020 to 2023, Byline Bancorp experienced growth in earnings per share, increasing from $1.09 to $2.82. This positive earnings trend indicates the company’s potential to improve its cash dividend payout, which can benefit income-seeking investors.
Recap
This article delves into Byline Bancorp’s recent dividend payment and its implications for shareholders. The company currently pays a dividend of $0.09 per share, leading to an annualized dividend yield of 1.54%.
In terms of dividend yield, Byline Bancorp sits in the middle ground among its industry peers, while Provident Finl Servs leads with the highest annualized dividend yield at 6.15%.
The increase in both dividend per share and earnings per share from 2020 to 2023 for Byline Bancorp indicates a positive financial trend, suggesting their ability to continue distributing earnings to shareholders.
Closely watching the company’s performance in the coming quarters will allow investors to stay abreast of any changes in financials or dividend disbursement.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.