First Business Bank Announces 16% Increase in Quarterly Common Stock Dividend
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First Business Financial Services, Inc. (Nasdaq: FBIZ) announced a 16% increase in its quarterly dividend to $0.29 per share, marking the 13th consecutive annual dividend raise. This results in a dividend yield of 22% based on the recent market price of $51.66 per share.
February 03, 2025 | 2:00 pm
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First Business Financial Services, Inc. has increased its quarterly dividend by 16% to $0.29 per share, resulting in a 22% yield based on the current stock price. This marks the 13th consecutive annual dividend increase, indicating strong financial health and commitment to returning value to shareholders.
The 16% increase in the dividend and the high yield of 22% are positive signals for investors, suggesting strong financial performance and shareholder value focus. This is likely to attract dividend-focused investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100