Byline Bancorp's last quarterly dividend payment of $0.09 per share was made to shareholders on record before Feb 5, 2024. The dividend payment stands at $0.36 per share annually, which equates to a dividend yield of 1.79%.
BY has a dividend yield of 1.79% which is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.56%, Byline Bancorp's dividend yield is 50% lower. The historical 5-year average of BY's dividend yield is 1.3%, which is lower than the current one.
Byline Bancorp has been paying dividends for the last five years. According to our records BY has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 2.2% from a year ago, the dividend yield marks a decrease of 2.3%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 5, 2024 | Feb 20, 2024 | Jan 25, 2024 | $0.09 | normal |
| Nov 6, 2023 | Nov 21, 2023 | Oct 27, 2023 | $0.09 | normal |
| Aug 7, 2023 | Aug 22, 2023 | Jul 27, 2023 | $0.09 | normal |
| May 8, 2023 | May 23, 2023 | Apr 27, 2023 | $0.09 | normal |
| Feb 6, 2023 | Feb 21, 2023 | Jan 26, 2023 | $0.09 | normal |
| Nov 7, 2022 | Nov 22, 2022 | Oct 25, 2022 | $0.09 | normal |
| Aug 8, 2022 | Aug 23, 2022 | Jul 28, 2022 | $0.09 | normal |
| May 6, 2022 | May 23, 2022 | Apr 26, 2022 | $0.09 | normal |
| Feb 7, 2022 | Feb 22, 2022 | Jan 25, 2022 | $0.09 | normal |
| Nov 8, 2021 | Nov 23, 2021 | Oct 28, 2021 | $0.09 | normal |
| Aug 9, 2021 | Aug 24, 2021 | Jul 29, 2021 | $0.09 | normal |
| May 10, 2021 | May 25, 2021 | Apr 27, 2021 | $0.06 | normal |
| Feb 8, 2021 | Feb 23, 2021 | Jan 28, 2021 | $0.06 | normal |
| Dec 21, 2020 | Jan 5, 2021 | Dec 10, 2020 | $0.03 | normal |
| Sep 21, 2020 | Oct 6, 2020 | Sep 9, 2020 | $0.03 | normal |
| Jun 22, 2020 | Jul 7, 2020 | Jun 11, 2020 | $0.03 | normal |
| Mar 23, 2020 | Apr 7, 2020 | Mar 13, 2020 | $0.03 | normal |
| Dec 23, 2019 | Jan 7, 2020 | Dec 12, 2019 | $0.03 | normal |
BY has a payout ratio of 13.4% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 39.5%, Byline Bancorp's payout ratio is 66% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NKSH National Bankshares Inc | 5.45% | $1.51 | 56.8% |
| NRIM Northrim Bancorp Inc | 5.29% | $2.41 | 53.2% |
| BY Byline Bancorp Inc | 1.76% | $0.36 | 13.4% |
Yes, Byline Bancorp has been paying dividends for the last five years.
Currently BY's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.
Byline Bancorp's last dividend ex-date was on Feb 5, 2024. The dividend amount was $0.09 per share.
BY's annualized dividend per share is $0.36.
Currently Byline Bancorp's dividend yield is 1.79%.
Byline Bancorp has a quarterly dividend frequency.
The dividend payout ratio of Byline Bancorp is 13.4%.
Byline Bancorp's dividend yield is lower than the Financial Services sector average.