{"id":520868,"date":"2021-07-30T16:08:10","date_gmt":"2021-07-30T20:08:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/first-business-declares-quarterly-cash-dividend-2\/"},"modified":"2021-07-30T16:08:10","modified_gmt":"2021-07-30T20:08:10","slug":"first-business-declares-quarterly-cash-dividend-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-business-declares-quarterly-cash-dividend-2\/","title":{"rendered":"First Business Declares Quarterly Cash Dividend"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>First Business Declares Quarterly Cash Dividend<\/b><\/p>\n<p>MADISON, Wis.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFirst Business Financial Services, Inc. (\u201cFirst Business\u201d) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.66% based on Thursday\u2019s market close price of $27.07. The quarterly dividend is the same as the quarterly dividend declared in April 2021, and, based on our second quarter 2021 earnings per share, represents a dividend payout ratio of 18.9%. This regular cash dividend is payable on August 19, 2021 to shareholders of record at the close of business on August 9, 2021.\n<\/p>\n<p><b>About First Business Financial Services, Inc.<\/b><\/p>\n<p>\nFirst Business Financial Services, Inc., (Nasdaq: FBIZ) is the parent company of First Business Bank. First Business Bank specializes in Business Banking, including Commercial Banking and Specialized Lending, Private Wealth, and Bank Consulting services, and through its refined focus, delivers unmatched expertise, accessibility, and responsiveness. Specialized Lending solutions are delivered through First Business Bank\u2019s wholly owned subsidiary First Business Specialty Finance, LLC. For additional information, visit firstbusiness.bank.\n<\/p>\n<p>\nThis press release includes \u201cforward-looking\u201d statements related to First Business Financial Services, Inc. that can generally be identified as describing the Company\u2019s future plans, objectives or goals. Such forward-looking statements are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those currently anticipated. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For further information about the factors that could affect the Company\u2019s future results, please see the Company\u2019s 2020 annual report on Form 10-K, quarterly reports on Form 10-Q and other filings with the Securities and Exchange Commission.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210730005419r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210730005419\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210730005419\/en\/<\/a><\/span><\/p>\n<p>\nEdward G. Sloane, Jr.<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/>First Business Financial Services, Inc.<br \/>\n<br \/>608-232-5970<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:esloane@firstbusiness.bank\">esloane@firstbusiness.bank<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Wisconsin<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210730005419\/en\/1163108\/3\/FBB_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>First Business Declares Quarterly Cash Dividend MADISON, Wis.&#8211;(BUSINESS WIRE)&#8211; First Business Financial Services, Inc. (\u201cFirst Business\u201d) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.66% based on Thursday\u2019s market close price of $27.07. The quarterly dividend is the same as the quarterly dividend declared in April 2021, and, based on our second quarter 2021 earnings per share, represents a dividend payout ratio of 18.9%. This regular cash dividend is payable on August 19, 2021 to shareholders of record at the close of business on August 9, 2021. About First Business Financial Services, Inc. First Business Financial Services, Inc., (Nasdaq: &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-business-declares-quarterly-cash-dividend-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First Business Declares Quarterly Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-520868","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First Business Declares Quarterly Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-business-declares-quarterly-cash-dividend-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Business Declares Quarterly Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"First Business Declares Quarterly Cash Dividend MADISON, Wis.&#8211;(BUSINESS WIRE)&#8211; First Business Financial Services, Inc. (\u201cFirst Business\u201d) (Nasdaq: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.18 per share which is equivalent to a dividend yield of 2.66% based on Thursday\u2019s market close price of $27.07. The quarterly dividend is the same as the quarterly dividend declared in April 2021, and, based on our second quarter 2021 earnings per share, represents a dividend payout ratio of 18.9%. This regular cash dividend is payable on August 19, 2021 to shareholders of record at the close of business on August 9, 2021. About First Business Financial Services, Inc. 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