First Business Bank Declares Quarterly Cash Dividends
First Business Financial Services (Nasdaq: FBIZ) has declared a quarterly cash dividend of $0.25 per share on its common stock, maintaining the same level as the previous quarter. This dividend represents a yield of 2.30% based on the recent market close price of $43.49 and a payout ratio of 20% based on Q2 2024 earnings. The dividend will be payable on August 21, 2024, to shareholders of record as of August 8, 2024. Additionally, the company announced a dividend of $17.50 per share on its 7% Series A Preferred Stock, payable on September 16, 2024, to shareholders of record on August 31, 2024.
First Business Financial Services (Nasdaq: FBIZ) ha dichiarato un dividendo in contante trimestrale di $0,25 per azione sul suo capitale sociale, mantenendo lo stesso livello del trimestre precedente. Questo dividendo rappresenta un rendimenti del 2,30% basato sul recente prezzo di chiusura di mercato di $43,49 e un rapporto di distribuzione del 20% basato sugli utili del secondo trimestre 2024. Il dividendo sarà pagabile il 21 agosto 2024, agli azionisti registrati al 8 agosto 2024. Inoltre, la società ha annunciato un dividendo di $17,50 per azione sulle sue azioni privilegiate di tipo A Serie 7%, pagabile il 16 settembre 2024, agli azionisti registrati il 31 agosto 2024.
First Business Financial Services (Nasdaq: FBIZ) ha declarado un dividendo en efectivo trimestral de $0.25 por acción sobre sus acciones ordinarias, manteniendo el mismo nivel que el trimestre anterior. Este dividendo representa un rendimiento del 2.30% en base al reciente precio de cierre del mercado de $43.49 y una tasa de distribución del 20% con base en las ganancias del segundo trimestre de 2024. El dividendo será pagadero el 21 de agosto de 2024, a los accionistas registrados hasta el 8 de agosto de 2024. Además, la compañía anunció un dividendo de $17.50 por acción sobre su acciones preferentes de la serie A al 7%, que se pagará el 16 de septiembre de 2024, a los accionistas registrados al 31 de agosto de 2024.
퍼스트 비즈니스 파이낸셜 서비스(Nasdaq: FBIZ)는 보통주에 대해 분기별 현금 배당금을 주당 $0.25로 선언하며, 이전 분기와 동일한 수준을 유지하고 있습니다. 이 배당금은 최근 시장 종가인 $43.49를 기준으로 2.30%의 수익률을 나타내며, 2024년 2분기 수익을 기준으로 한 배당성향은 20%입니다. 배당금은 2024년 8월 21일에 지급 예정이며, 2024년 8월 8일 기준의 주주들에게 지급됩니다. 또한, 회사는 주당 $17.50의 7% 시리즈 A 우선주 배당을 발표하였으며, 이는 2024년 9월 16일에 지급되며 2024년 8월 31일 기준의 주주들에게 지급됩니다.
First Business Financial Services (Nasdaq: FBIZ) a déclaré un dividende en espèces trimestriel de 0,25 $ par action sur ses actions ordinaires, maintenant le même niveau que le trimestre précédent. Ce dividende représente un rendement de 2,30% basé sur le prix de clôture du marché récent de 43,49 $ et un ratio de distribution de 20 % basé sur les bénéfices du deuxième trimestre 2024. Le dividende sera payable le 21 août 2024, aux actionnaires inscrits au 8 août 2024. De plus, la société a annoncé un dividende de 17,50 $ par action sur ses actions préférentielles de série A à 7%, payable le 16 septembre 2024, aux actionnaires inscrits au 31 août 2024.
First Business Financial Services (Nasdaq: FBIZ) hat eine vierteljährliche Bar-Dividende von 0,25 $ pro Aktie auf seine Stammaktien erklärt und damit das gleiche Niveau wie im vorherigen Quartal beibehalten. Diese Dividende entspricht einer Rendite von 2,30% basierend auf dem aktuellen Schlusskurs von 43,49 $ und einem Ausschüttungsverhältnis von 20 % basierend auf den Gewinnen des 2. Quartals 2024. Die Dividende wird am 21. August 2024 ausgezahlt an die Aktionäre, die am 8. August 2024 registriert sind. Außerdem kündigte das Unternehmen eine Dividende von 17,50 $ pro Aktie für seine 7%ige Serie A Vorzugsaktien an, die am 16. September 2024 an die am 31. August 2024 registrierten Aktionäre ausgezahlt wird.
- Consistent quarterly dividend of $0.25 per share maintained
- Attractive dividend yield of 2.30%
- Conservative dividend payout ratio of 20% based on Q2 2024 earnings
- None.
About First Business Bank
First Business Bank specializes in Business Banking, including Commercial Banking and Specialty Finance, Private Wealth, and Bank Consulting Services, and through its refined focus delivers unmatched expertise, accessibility, and responsiveness. Specialty Finance solutions are delivered through First Business Bank’s wholly owned subsidiary First Business Specialty Finance, LLC. First Business Bank is a wholly owned subsidiary of First Business Financial Services, Inc. (Nasdaq: FBIZ). For additional information, visit firstbusiness.bank.
This press release includes “forward-looking” statements related to First Business Financial Services, Inc. that can generally be identified as describing the Company’s future plans, objectives or goals. Such forward-looking statements are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those currently anticipated. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For further information about the factors that could affect the Company’s future results, please see the Company’s 2022 annual report on Form 10-K, quarterly reports on Form 10-Q and other filings with the Securities and Exchange Commission.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240726918392/en/
Brian D. Spielmann
Chief Financial Officer
First Business Financial Services, Inc.
608-232-5970
bspielmann@firstbusiness.bank
Source: First Business Financial Services, Inc.
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