First Business Financial Services, Inc. Declares Quarterly Cash Dividend, Payable on November 18, 2021
October 29, 2021 at 04:05 pm EDT
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First Business Financial Services, Inc. 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 2.52% based on Thursday?s market close price of $28.59. The quarterly dividend is the same as the quarterly dividend declared in July 2021 and based on Company's third quarter 2021 earnings per share, represents a dividend payout ratio of 16.8%. This regular cash dividend is payable on November 18, 2021 to shareholders of record at the close of business on November 8, 2021.
First Business Financial Services, Inc. is a bank holding company. The Company is engaged in the commercial banking business through its bank subsidiary, First Business Bank (the Bank). The Bank operates as a business bank, delivering a full line of commercial banking products and services tailored to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals. Its products and services are focused on business banking, private wealth, and bank consulting. It offers commercial real estate lending, commercial and industrial lending, asset-based lending, accounts receivable financing, equipment financing, floorplan financing, vendor financing, small business administration (SBA) lending and servicing, treasury management solutions, and company retirement services. Its private wealth management services include trust and estate administration, financial planning, investment management, and private banking.
FIRST BUSINESS FINANCIAL SERVICES, INC. 
