CHICAGO, June 19, 2012 /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, 2012. 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 July 2, 2012 to security holders of record on June 29, 2012. 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 a $4.7 billion bank holding company for Cole Taylor Bank, a commercial bank headquartered in Chicago. Cole Taylor specializes in serving the banking needs of closely held businesses and the people who own and manage them. Through its divisions Cole Taylor Business Capital and Cole Taylor Mortgage, the Bank also provides asset based lending and residential mortgage loan products 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.