First Business Financial Services (FBIZ) Declares $0.1975 Quarterly Dividend; 2.3% Yield

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First Business Bank Declares Quarterly Cash Dividend

April 29, 2022 4:03 PM EDT

MADISON, Wis.--(BUSINESS WIRE)-- First Business Financial Services, Inc. (the Company, the Bank, or First Business Bank) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.1975 per share which is equivalent to a dividend yield of 2.30% based on Thursdays market close price of $34.33. The quarterly dividend is the same as the quarterly dividend declared in January 2022, and based on first quarter 2022 earnings per share, represents a dividend payout ratio of 19.4%. This... More