First Business Announces Quarterly Dividend $0.22
MADISON, WI, – May 4, 2015 (GLOBE NEWSWIRE) – First Business Financial Services, Inc. (NASDAQ: FBIZ) announced its board of directors has declared a quarterly cash dividend on its common stock of $0.22 per share. The 2015 annualized dividend amount is $0.88 per share. This regular cash dividend is payable on May 29, 2015 to shareholders of record at the close of business on May 15, 2015.
Corey Chambas, President & CEO, stated, “We are pleased to maintain the dividend rate of $0.22 per share for the second quarter in a row, a five percent increase from the regular dividends declared last year. We believe our earnings and capital position give us the ability to support both this increased dividend level and our strategic growth objectives.”
About First Business
First Business Financial Services is a Wisconsin-based bank holding company, focused on the unique needs of businesses, business executives and high net worth individuals. First Business offers commercial banking, specialty finance and private wealth management solutions, and because of its niche focus, is able to provide its clients with unmatched expertise, accessibility and responsiveness. For additional information, visit www.firstbusiness.com.