First Business Financial Services (FBIZ) Declares $0.2275 Quarterly Dividend; 3.2% Yield

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First Business Bank Declares Quarterly Cash Dividends

April 28, 2023 4:45 PM EDT

MADISON, Wis.--(BUSINESS WIRE)-- First Business Financial Services, Inc. (the Company or First Business Bank) (Nasdaq: FBIZ) announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.2275 per share which is equivalent to a dividend yield of 3.16% based on Thursdays market close price of $28.78. The quarterly dividend is the same as the quarterly dividend declared in January 2023, and based on first quarter 2023 earnings per share, represents a dividend payout ratio of 22%. This... More