First Business Financial Services (FBIZ) Declares $0.1975 Quarterly Dividend; 2.2% Yield

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Go back to First Business Financial Services (FBIZ) Declares $0.1975 Quarterly Dividend; 2.2% Yield

First Business Bank Declares Quarterly Cash Dividends

October 28, 2022 4:35 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 2.24% based on Thursdays market close price of $35.29. The quarterly dividend is the same as the quarterly dividend declared in July 2022, and based on third quarter 2022 earnings per share, represents a dividend payout ratio of 16%. This... More