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Wintrust Financial Corporation Announces Cash Dividends

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Wintrust Financial Corporation (WTFC) announces quarterly cash dividend of $0.40 per share of common stock and dividends on preferred stock.
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  • Wintrust Financial Corporation approves quarterly cash dividend of $0.40 per share of common stock, payable on November 24, 2023 to shareholders of record as of November 9, 2023.
  • Dividends on preferred stock also approved, payable on January 15, 2024 to shareholders of record as of January 1, 2024.
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ROSEMONT, Ill., Oct. 26, 2023 (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 $0.40 per share of outstanding common stock. The dividend is payable on November 24, 2023 to shareholders of record as of November 9, 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 January 15, 2024 to shareholders of record as of January 1, 2024.

About Wintrust

Wintrust is a financial holding company with assets over $55 billion whose common stock is traded on the Nasdaq Global Select Market. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, with over 170 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including business units which provide commercial and life insurance premium financing in the United States, a premium finance company operating in Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services and qualified intermediary services for tax-deferred exchanges.

Forward-Looking Information

This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and actual events or results may differ materially. Wintrust's expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" and the forward-looking statement disclosure contained in Wintrust's most recent Annual Report on Form 10-K and in any of the Company’s subsequent SEC filings. Forward-looking statements speak only as of the date made and Wintrust undertakes no duty to update the information.

FOR MORE INFORMATION CONTACT:
Timothy S. Crane, President & Chief Executive Officer
David A. Dykstra, Vice Chairman & Chief Operating Officer
(847) 939-9000
Website address: www.wintrust.com


FAQ

What is the dividend per share of Wintrust Financial Corporation's common stock?

The dividend per share of Wintrust Financial Corporation's common stock is $0.40.

When will the dividend on common stock be payable?

The dividend on common stock will be payable on November 24, 2023.

When is the record date for the common stock dividend?

The record date for the common stock dividend is November 9, 2023.

What are the dividend rates for the preferred stocks?

The dividend rates for the preferred stocks are not mentioned in the PR.

When will the dividends on preferred stocks be payable?

The dividends on preferred stocks will be payable on January 15, 2024.

What is the record date for the preferred stock dividends?

The record date for the preferred stock dividends is January 1, 2024.

Wintrust Financial Corp

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