First Business Financial (FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of 29c per share which is equivalent to a dividend yield of 22% based on Friday’s market close price of $51.66. The quarterly dividend represents a 16% increase over the quarterly dividend declared in October 2024. Based on fourth quarter 2024 earnings per share, represents a dividend payout ratio of 17%. This regular cash dividend is payable on February 28 to shareholders of record at the close of business on February 14.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FBIZ:
- First Business Financial price target raised to $60 from $58 at Keefe Bruyette
- First Business Financial Services Reports Robust Earnings Growth
- First Business Bank Achieves Record Q4 2024 Earnings
- First Business Financial Reports Record Q4 2024 Earnings
- First Business Financial reports Q4 EPS $1.71, consensus $1.26