First Business Finl Servs's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
First Business Finl Servs (NASDAQ:FBIZ) announced it will pay a quarterly dividend of 22.75 cents per share. The ex-dividend date is Friday, meaning the stock will likely open 22.75 cents lower to reflect the payout. Shareholders owning FBIZ by the end of Thursday's session are eligible for the dividend, which will be paid out on November 16, 2023.
October 31, 2023 | 2:45 pm
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First Business Finl Servs (FBIZ) will pay a quarterly dividend of 22.75 cents per share. The stock will likely open lower on the ex-dividend date, Friday.
The stock price of FBIZ is expected to open lower on the ex-dividend date as the stock price adjusts to reflect the dividend payout. This is a common occurrence in the stock market when a company announces a dividend. However, the impact is usually short-term and the stock price may recover over time.
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