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Stock impact report

First Business Bank Declares Quarterly Cash Dividends

First Business Financial Services, Inc. (FBIZ) 
Last first business financial services, inc. earnings: 4/23 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.firstbusiness.com
Company Research Source: Business Wire
MADISON, Wis.--(BUSINESS WIRE)--First Business Financial Services, Inc. (the “Company” or “First Business Bank”) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.25 per share which is equivalent to a dividend yield of 2.23% based on Thursday's market close price of $44.82. The quarterly dividend is the same as the quarterly dividend declared in July 2024, and based on third quarter 2024 earnings per share, represents a dividend payout ratio of 20%. This regular cash dividend is payable on November 20, 2024, to shareholders of record at the close of business on November 7, 2024. The board of directors also declared a dividend on the Company’s 7% Series A Preferred Stock of $17.50 per share, payable on December 16, 2024, to shareholders of record on November 29, 2024.About First Business BankFirst Business Bank specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Show less Read more
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