Wintrust Financial Co. (NASDAQ:WTFCM) Declares Quarterly Dividend of $0.41

Wintrust Financial Co. (NASDAQ:WTFCM) announced a quarterly dividend on Thursday, January 25th, Wall Street Journal reports. Stockholders of record on Monday, April 1st will be given a dividend of 0.41 per share on Monday, April 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 6.96%. The ex-dividend date of this dividend is Thursday, March 28th.

Wintrust Financial Stock Performance

Shares of Wintrust Financial stock opened at $23.55 on Wednesday. Wintrust Financial has a 1 year low of $18.40 and a 1 year high of $24.71. The business has a 50 day moving average price of $23.77 and a 200 day moving average price of $22.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Wintrust Financial stock. Comerica Bank bought a new position in Wintrust Financial Co. (NASDAQ:WTFCM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,245 shares of the company’s stock, valued at approximately $100,000.

Wintrust Financial Company Profile

Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services.