Byline Bancorp Dividend
What is Byline Bancorp current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.49%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
| Byline Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BY) | 1.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (BY) | 1.8% |
Notable Dividend: BY's dividend (1.49%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: BY's dividend (1.49%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.47 | 6 |
| 12/31/2023 | 0.39 | 4 |
| 1/30/2023 | 0.36 | 1.49 |
| 10/29/2022 | 0.36 | 1.58 |
| 7/30/2022 | 0.36 | 1.63 |
| 4/30/2022 | 0.36 | 1.5 |
| 1/29/2022 | 0.36 | 1.38 |
| 10/30/2021 | 0.36 | 1.32 |
| 7/31/2021 | 0.36 | 1.47 |
| 5/1/2021 | 0.24 | 1.06 |
| 4/29/2021 | 0.24 | 1.07 |
| 3/4/2021 | 0.24 | 1.12 |
| 1/28/2021 | 0.24 | 1.29 |
| 12/10/2020 | 0.12 | 0.75 |
| 9/9/2020 | 0.12 | 0.9 |
| 6/11/2020 | 0.12 | 0.94 |
| 3/13/2020 | 0.12 | 1.12 |
| 12/13/2019 | 0.12 | 0.65 |
Stable Dividend: Whilst dividend payments have been stable, BY has been paying a dividend for less than 10 years.
Growing Dividend: BY's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.2%), BY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BY's dividends in 3 years are forecast to be well covered by earnings (18.2% payout ratio).