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First Business Financial ( (FBIZ) ) has issued an announcement.
On February 3, 2025, First Business Financial Services, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share on its common stock, reflecting a 16% increase over the previous dividend in October 2024. This marks the 13th consecutive annual dividend increase, with a dividend payout ratio of 17% based on fourth quarter 2024 earnings per share. The dividend is payable on February 28, 2025, to shareholders of record on February 14, 2025. Additionally, a dividend of $17.50 per share was declared on the company’s 7% Series A Preferred Stock, payable on March 17, 2025, to shareholders of record on February 28, 2025.
More about First Business Financial
First Business Bank specializes in business banking services, including commercial banking, specialty finance, private wealth, and bank consulting services. The bank operates through its wholly owned subsidiary First Business Specialty Finance, LLC, and is a wholly owned subsidiary of First Business Financial Services, Inc.
YTD Price Performance: 14.72%
Average Trading Volume: 30,185
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $428.5M
For detailed information about FBIZ stock, go to TipRanks’ Stock Analysis page.
