First Business Financial Services (FBIZ) Declares $0.25 Quarterly Dividend; 2.9% Yield

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First Business Bank Declares Quarterly Cash Dividends

April 29, 2024 9:00 AM 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 $0.25 per share which is equivalent to a dividend yield of 2.92% based on Fridays market close price of $34.24. The quarterly dividend is the same as the quarterly dividend declared in January 2024, and based on first quarter 2024 earnings per share, represents a dividend payout ratio of 24%. This... More