Byline Bancorp, Inc. (BY) Dividends
Dividend Yield and Dividend History Highlights
- BY has issued more total dividends (as measured in absolute US dollars) over the past six years than 4.62% of other US stocks currently paying dividends.
- As for its free cash flow/dividend ratio, BY's comes in at -14.02 -- better than merely 11.09% of other US-listed dividend issuers.
- Free cash flow for BY has a compound average growth rate of 65.39%, which is higher than 90.72% of stocks in our dividend set.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with BY that may be suitable potential portfolio mates: SQFT, NYT, EBIX, ETR and CIG.
BY Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $29.22 | $14.31 | -45.81% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Byline Bancorp Inc, the DDM model, as implemented by StockNews, implies a negative return of 45.81% relative to its current price. Digging deeper, the aspects of Byline Bancorp Inc's dividend discount model that we found most interesting were:
- As for its position relative to other Financial Services stocks that issue dividends, BY provides shareholders with a dividend yield greater than merely 16.93% such stocks.
- Compared to other dividend issuers in the small-sized market cap category, BY's beta -- a measure of volatility relative to the market at large -- is lower than 32.59% of them.
- BY's market cap of approximately $1 billion makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than merely 22.16% of them.
BY Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-11-05 | Dividend | $0.09 | -- |
| 2024-08-06 | Dividend | $0.09 | -- |
| 2024-05-06 | Dividend | $0.09 | -- |
| 2024-02-05 | Dividend | $0.09 | -- |
| 2023-11-06 | Dividend | $0.09 | -- |
| 2023-08-07 | Dividend | $0.09 | -- |
| 2023-05-08 | Dividend | $0.09 | -- |
| 2023-02-06 | Dividend | $0.09 | -- |
| 2022-11-07 | Dividend | $0.09 | -- |
| 2022-08-08 | Dividend | $0.09 | -- |
| 2022-05-06 | Dividend | $0.09 | -- |
| 2022-02-07 | Dividend | $0.09 | -- |
| 2021-11-08 | Dividend | $0.09 | -- |
| 2021-08-09 | Dividend | $0.09 | +50.00% |
| 2021-05-10 | Dividend | $0.06 | -- |
| 2021-02-08 | Dividend | $0.06 | +100.00% |
| 2020-12-21 | Dividend | $0.03 | -- |
| 2020-09-21 | Dividend | $0.03 | -- |
| 2020-06-22 | Dividend | $0.03 | -- |
| 2020-03-23 | Dividend | $0.03 | -- |
| 2019-12-23 | Dividend | $0.03 | -- |
BY Dividends vs. Peers
BY's dividend yield currently ranks #25 of 73 vs. its peers in the Midwest Regional Banks category.