First Business Financial Services (FBIZ) Declares $0.12 Quarterly Dividend; 2% Yield

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First Business Announces Quarterly Dividend of $0.12

August 1, 2016 9:02 AM EDT

MADISON, Wis., Aug. 01, 2016 (GLOBE NEWSWIRE) -- 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 $0.12 per share which is equivalent to a dividend yield of 2.02% based on Fridays market close price of $23.71.  The quarterly dividend at this amount is the same as the quarterly dividend declared in January and April 2016.  On an annualized basis, the 2016 dividend amount is $0.48 per share, or a payout ratio of 28% based on second quarter... More