First Business Financial Services (FBIZ) Raises Quarterly Dividend 9.1% to $0.12; 2.1% Yield
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First Business Increases Quarterly Dividend
February 1, 2016 8:45 AM ESTMADISON, Wis., Feb. 01, 2016 (GLOBE NEWSWIRE) -- On January 29, 2016, the Board of Directors of First Business Financial Services, Inc. (the Company or First Business) (NASDAQ: FBIZ) declared a regular quarterly cash dividend on its common stock of $0.12 per share, an increase of 9% from the regular quarterly dividends declared in 2015. The 2016 annualized dividend amount is $0.48 per share, or a payout ratio of 25% based on full year 2015 earnings. This regular cash dividend is payable on February 26, 2016 to shareholders of record at the close of business on February 12, 2016.
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First Business Increases Quarterly Dividend
February 1, 2016 8:45 AM ESTMADISON, Wis., Feb. 01, 2016 (GLOBE NEWSWIRE) -- On January 29, 2016, the Board of Directors of First Business Financial Services, Inc. (the Company or First Business) (NASDAQ: FBIZ) declared a regular quarterly cash dividend on its common stock of $0.12 per share, an increase of 9% from the regular quarterly dividends declared in 2015. The 2016 annualized dividend amount is $0.48 per share, or a payout ratio of 25% based on full year 2015 earnings. This regular cash dividend is payable on February 26, 2016 to shareholders of record at the close of business on February 12, 2016.
We are... More
