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Stock impact report

Byline Bancorp (NYSE:BY) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]

Byline Bancorp, Inc. (BY) 
Last byline bancorp, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: bylinebancorp.com
Company Research Source: Yahoo! Finance
NYSE:BY ) is about to go ex-dividend in just 4 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. In other words, investors can purchase Byline Bancorp's shares before the 5th of February in order to be eligible for the dividend, which will be paid on the 20th of February. The company's next dividend payment will be US$0.09 per share, on the back of last year when the company paid a total of US$0.36 to shareholders. Based on the last year's worth of payments, Byline Bancorp has a trailing yield of 1.6% on the current stock price of US$22.59. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! That's why we should always check whet Show less Read more
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