ROSEMONT, Ill., Jan. 25, 2024 (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 $0.45 per share of outstanding common stock. The dividend is payable on February 22, 2024 to shareholders of record as of February 8, 2024. This represents an increase of approximately 12.5% from the $0.40 quarterly cash dividend paid in each of the quarters of 2023.
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, 2024 to shareholders of record as of April ...