dividend
confidence high
sentiment positive
materiality 0.55
First Business Financial raises quarterly common dividend 16% to $0.29/share
FIRST BUSINESS FINANCIAL SERVICES, INC.
- Quarterly common dividend increased to $0.29/share from prior $0.25, a 16% raise.
- Dividend payable Feb 28, 2025 to shareholders of record Feb 14, 2025.
- Represents 13th consecutive annual dividend increase; payout ratio 17% of Q4 2024 EPS.
- Dividend yield of 22% based on $51.66 closing price on Jan 31, 2025.
- Preferred Series A dividend of $17.50/share declared, payable March 17, 2025.