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Stock impact report

First Business Declares Quarterly Cash Dividend

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. (“First Business”) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.165 per share which is equivalent to a dividend yield of 4.43% based on Thursday’s market close price of $14.90. The quarterly dividend is the same as the quarterly dividend declared in January 2020, and, based on our first quarter 2020 earnings per share, represents a dividend payout ratio of 43.4%. This regular cash dividend is payable on May 14, 2020 to shareholders of record at the close of business on May 4, 2020.“We are pleased that our ongoing financial strength has positioned us to meet growth objectives and allowed us to once again declare a cash dividend that will provide shareholders with a competitive dividend yield” noted Corey Chambas, President and Chief Executive Officer of First Business.About First Business Financial Services, Inc.First Business Financial Service Show less Read more
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