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 which is equivalent to a dividend yield of 3.07% based on Friday's market close price of $29.60. The quarterly dividend is the same as the quarterly dividend declared in July 2023, and based on third quarter 2023 earnings per share, represents a dividend payout ratio of 19%. This regular cash dividend is payable on November 16, 2023, to shareholders of record at the close of business on November 6, 2023.