First Business Financial Services (FBIZ) Declares $0.13 Quarterly Dividend; 1.8% Yield

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First Business Announces Quarterly Dividend of $0.13

April 27, 2017 4:28 PM EDT

MADISON, Wis., April 27, 2017 (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 $0.13 per share which is equivalent to a dividend yield of 1.85% based on Wednesdays market close price of $28.16. The quarterly dividend is the same as the quarterly dividend declared in January 2017.  On an annualized basis, the 2017 dividend amount is $0.52 per share, or a payout ratio of 33% based on first quarter 2017... More