Byline Bancorp Dividend

What is Byline Bancorp current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.49%

Current Dividend Yield

Upcoming Dividend Payment

TodayJan 30 2023Ex Dividend DateFeb 06 2023Dividend Pay DateFeb 21 202315 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Dividend Yield vs Market

Byline Bancorp Dividend Yield vs Market
How does BY dividend yield compare to the market?
SegmentDividend 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

How stable has Byline Bancorp's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.476
12/31/20230.394
1/30/20230.361.49
10/29/20220.361.58
7/30/20220.361.63
4/30/20220.361.5
1/29/20220.361.38
10/30/20210.361.32
7/31/20210.361.47
5/1/20210.241.06
4/29/20210.241.07
3/4/20210.241.12
1/28/20210.241.29
12/10/20200.120.75
9/9/20200.120.9
6/11/20200.120.94
3/13/20200.121.12
12/13/20190.120.65

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).


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