First Business Financial Services (FBIZ) Declares $0.15 Quarterly Dividend; 2.6% Yield

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Go back to First Business Financial Services (FBIZ) Declares $0.15 Quarterly Dividend; 2.6% Yield

First Business Declares Quarterly Cash Dividend

April 26, 2019 4:02 PM EDT

MADISON, 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 $0.15 per share which is equivalent to a dividend yield of 2.82% based on Thursdays market close price of $21.31. The quarterly dividend is the same as the quarterly dividend declared in January 2019, and, based on our first quarter 2019 earnings per share, a dividend payout ratio of 22.4%. This regular cash dividend is payable on May 16, 2019 to shareholders of record at the... More