Cash Dividend On The Way From PrivateBancorp Trust Preferred Securities

On 6/11/14, PrivateBancorp, Inc.'s 10.00% Trust Preferred Securities (PVTBP) will trade ex-dividend, for its quarterly dividend of $0.625, payable on 6/16/14. As a percentage of PVTBP's recent share price of $27.24, this dividend works out to approximately 2.29%, so look for shares of PVTBP to trade 2.29% lower all else being equal when PVTBP shares open for trading on 6/11/14..