CHICAGO, Jan. 31, 2013 /PRNewswire/ -- Taylor Capital Group, Inc. (the "Company") (NASDAQ: TAYC) the parent company of Cole Taylor Bank (the "Bank"), today announced a quarterly cash dividend of $0.47222 per share on its Series A perpetual non-cumulative preferred stock (NASDAQ: TAYCO). The dividend is payable on February 15, 2013 to stockholders of record on January 31, 2013, and covers the initial dividend period for the preferred stock from November 20, 2012, its original issuance date, through February 14, 2013. This dividend announcement, as well as additional information, can be found on Taylor Capital Group's website: www.taylorcapitalgroup.com.
About Taylor Capital Group, Inc. (NASDAQ: TAYC) Taylor Capital Group, Inc. is the holding company of Cole Taylor Bank, a commercial bank headquartered in Chicago with assets of $5.8 billion as of December 31, 2012. The Bank specializes in serving the banking needs of closely held businesses and the people who manage them.
With its national businesses, Cole Taylor Business Capital, Cole Taylor Equipment Finance and Cole Taylor Mortgage, the Bank also provides asset based lending, commercial equipment leasing and residential mortgage lending through a growing network of offices throughout the United States. Cole Taylor is a member of the FDIC and is an Equal Housing Lender.SOURCE Taylor Capital Group, Inc.