First Business Financial Services (FBIZ) Declares $0.12 Quarterly Dividend; 2.5% Yield
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First Business Announces Quarterly Dividend of $0.12
October 28, 2016 4:24 PM EDTMADISON, Wis., Oct. 28, 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 2.13% based on Thursdays market close price of $22.56. The quarterly dividend at this amount is the same as the quarterly dividend declared in July 2016. On an annualized basis, the 2016 dividend amount is $0.48 per share, or a payout ratio of 41% based... More
