dividend
confidence high
sentiment positive
materiality 0.45
First Business Financial raises quarterly common dividend 10% to $0.25/share
FIRST BUSINESS FINANCIAL SERVICES, INC.
- Quarterly common dividend increased to $0.25/share from prior $0.2273, a 10% rise.
- Dividend payable Feb 21, 2024 to shareholders of record Feb 8, 2024.
- Yield of 2.53% based on Jan 26 close of $39.56; payout ratio 22% of Q4 2023 EPS.
- Preferred stock dividend of $17.50/share (7% Series A) declared, payable Mar 15.