dividend
confidence high
sentiment neutral
materiality 0.25
First Business Bank maintains $0.25 quarterly common dividend; payout ratio 24%
FIRST BUSINESS FINANCIAL SERVICES, INC.
- Quarterly cash dividend of $0.25 per common share, unchanged from January 2024.
- Dividend payable May 22, 2024 to holders of record May 9, 2024.
- Represents a 24% payout ratio based on Q1 2024 EPS.
- Preferred dividend of $17.50 per share on 7% Series A Preferred, payable June 17, 2024.