CHICAGO, June 17, 2011 /PRNewswire/ -- Taylor Capital Group, Inc. (the "Company") (NASDAQ: TAYC), the parent company of Cole Taylor Bank, today announced that a cash dividend will be paid on shares of TAYC Capital Trust I (NASDAQ: TAYCP), its Trust Preferred Securities, for the quarter ended June 30, 2011. TAYC Capital Trust I is a Delaware Statutory Trust, and is an unconsolidated subsidiary of Taylor Capital Group, Inc.
The 9.75% annual dividend will be payable on June 30, 2011 to shareholders of record as of June 29, 2011.
The 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 a $4.3 billion bank holding company for Cole Taylor Bank, a Chicago-based commercial bank specializing in serving the banking needs of closely held businesses and the people who own and manage them. Cole Taylor is a member of the FDIC and an Equal Housing Lender.
SOURCE Taylor Capital Group, Inc.