Sustaining Growth Momentum: First Business Finl Servs Continues to Excel and Reports Rising Profits
Portfolio Pulse from Benzinga Insights
First Business Finl Servs (NASDAQ:FBIZ) is distributing a dividend of $0.23 per share with an annualized yield of 3.07%. The ex-dividend date was November 3, 2023, and the dividend is payable on November 16, 2023. The company has shown a positive trend in dividend per share growth from $0.60 in 2019 to $0.79 in 2022, and earnings per share growth from $2.47 to $4.57 from 2019 to 2022. First Business Finl Servs's dividend yield is in the middle range compared to its industry peers, with First of Long Island (NASDAQ:FLIC) having the highest yield at 7.19%.
November 16, 2023 | 3:05 pm
News sentiment analysis
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NEUTRAL IMPACT
First of Long Island has the highest annualized dividend yield at 7.19% among its peers, including FBIZ.
While FLIC is mentioned as having a higher dividend yield than FBIZ, there is no specific news impacting FLIC directly. The mention may not have a significant short-term impact on FLIC's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
First Business Finl Servs is distributing a $0.23/share dividend with a 3.07% yield and has shown consistent growth in dividends and earnings.
The consistent increase in dividends and earnings per share indicates a strong financial health, which is likely to be viewed positively by investors, potentially leading to a short-term positive impact on FBIZ's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100