First Business Financial Services (FBIZ) Declares $0.14 Quarterly Dividend; 2.8% Yield
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First Business Declares Quarterly Cash Dividend
October 26, 2018 4:05 PM EDTMADISON, Wis.--(BUSINESS WIRE)-- 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 2.8% based on Thursdays market close price of $20.00. The quarterly dividend is the same as the quarterly dividend declared on July 27, 2018, and, based on our third quarter 2018 earnings per share, represents a dividend payout ratio of 23.3%. This regular cash dividend is payable on November 15, 2018 to shareholders of record at... More
