Tuesday Is Your Last Chance To Buy First Business Finl Servs Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
First Business Financial Services (NASDAQ:FBIZ) announced a quarterly dividend of 25 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, payable on February 21, 2024.

February 02, 2024 | 2:45 pm
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First Business Financial Services announced a quarterly dividend of 25 cents per share, affecting stock trading dynamics around the ex-dividend date.
The announcement of a dividend typically leads to increased buying interest before the ex-dividend date, as investors look to capture the dividend payout. However, the stock is expected to open lower on the ex-dividend date by the amount of the dividend, reflecting the payout adjustment. This creates a neutral short-term impact, as the initial buying interest may be offset by the subsequent price adjustment.
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