PrivateBancorp Trust Preferred Securities Goes Ex-Dividend Soon

On 9/10/14, PrivateBancorp, Inc.'s 10.00% Trust Preferred Securities (PVTBP) will trade ex-dividend, for its quarterly dividend of $0.625, payable on 9/15/14. As a percentage of PVTBP's recent share price of $27.88, this dividend works out to approximately 2.24%, so look for shares of PVTBP to trade 2.24% lower all else being equal when PVTBP shares open for trading on 9/10/14..