First Business Financial Services (FBIZ) Raises Quarterly Dividend 9.1% to $0.18; 3.7% Yield

First Business Financial Services (NASDAQ: FBIZ) declared a quarterly dividend of $0.18 per share, or $0.72 annualized. This is a 9.1% increase from the prior dividend of $0.1650.

The dividend will be payable on February 18, 2021, to stockholders of record on February 8, 2021, with an ex-dividend date of February 5, 2021.

The annual yield on the dividend is 3.7 percent.

First Business President and Chief Executive Officer, Corey Chambas noted, “Today’s dividend increase reflects our continued commitment to driving shareholder value through a meaningful return to our shareholders while carrying out our growth initiatives. This dividend represents our ninth consecutive dividend increase.”

For a dividend history and other dividend-related data on First Business Financial Services (FBIZ) click here.

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