First Business Financial Services (FBIZ) Declares $0.12 Quarterly Dividend; 1.9% Yield
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First Business Announces Quarterly Dividend
May 2, 2016 9:22 AM EDTMADISON, Wis., May 02, 2016 (GLOBE NEWSWIRE) -- On April 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, which is equivalent to a dividend yield of 1.90% based on Fridays market close price of $25.31.  The quarterly dividend at this amount is the same as the quarterly dividend declared in January 2016. On an annualized basis, the 2016 dividend amount is $0.48 per share, or a payout ratio of 23% based on first quarter 2016... More
