First Business Financial increases quarterly dividend 16% to 29c per share

First Business Financial (FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of 29c per share which is equivalent to a dividend yield of 22% based on Friday’s market close price of $51.66. The quarterly dividend represents a 16% increase over the quarterly dividend declared in October 2024. Based on fourth quarter 2024 earnings per share, represents a dividend payout ratio of 17%. This regular cash dividend is payable on February 28 to shareholders of record at the close of business on February 14.