First Business Financial Services (FBIZ) Raises Quarterly Dividend 7.7% to $0.14; 2.3% Yield
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First Business Declares 7.7% Increase in Quarterly Cash Dividend
January 26, 2018 4:10 PM ESTMADISON, Wis., Jan. 26, 2018 (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 $0.14 per share which is equivalent to a dividend yield of 2.47% based on Thursdays market close price of $22.67. The quarterly dividend represents a 7.7% increase over the quarterly dividend declared in October 2017 and, based on our fourth quarter earnings, a dividend payout ratio of 30.43%. This regular cash dividend is payable on February... More
