CHICAGO, July 21, 2014 /PRNewswire/ -- Taylor Capital Group, Inc. (the "Company") (NASDAQ: TAYC) the parent company of Cole Taylor Bank (the "Bank"), today announced the declaration of a quarterly cash dividend of $0.50 per share on its Series A perpetual non-cumulative preferred stock (the "Series A Preferred Stock") (NASDAQ: TAYCO).  The dividend is payable on August 15, 2014 to stockholders of record on July 31, 2014. 

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 $6.0 billion as of June 30, 2014. For more than 80 years, Cole Taylor Bank has been successfully meeting the banking needs of closely-held companies and the people who own and manage them by focusing on a relationship-based approach to business. Through its national businesses, Cole Taylor provides a full range of financial services, including asset based lending, commercial equipment financing, and residential mortgage lending. 

SOURCE Taylor Capital Group, Inc.

Copyright 2014 PR Newswire

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