Wintrust Financial boosts dividend 17.6% to 40c per share from 34c

Wintrust Financial announced that the Company’s Board of Directors approved a quarterly cash dividend of 40c per share of outstanding common stock. The dividend is payable on February 23 to shareholders of record as of February 9. This represents an increase of approximately 17.6% from the 34c quarterly cash dividend paid in each of the quarters of 2022. 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 and of the Company’s 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E. Each dividend is payable on April 15, 2023 to shareholders of record as of April 1.