First Business Financial Services, Inc. announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.2275 per share. The quarterly dividend is the same as the quarterly dividend declared in April 2023, and based on second quarter 2023 earnings per share, represents a dividend payout ratio of 23%. This regular cash dividend is payable on August 17 2023, to shareholders of record at the close of business on August 7, 2023.