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FBIZ First Business Financial Services dividend history, payout ratio & dates

First Business Financial Services's last quarterly dividend of $0.25 per share was on May 8, 2024 (ex-date). The annualized dividend payment of $0.96 per share represents a current dividend yield of 2.2%.

Key dates

  • FBIZ last dividend date: May 8, 2024
  • FBIZ next dividend date: Not announced
FBIZ dividend stats
DPS
$0.96
Dividend yield
2.09%
Payout ratio
22.1%
vs. Financial Services sector
Dividend yield
2.85%
Payout ratio
41.2%

Dividend yield

What is First Business Financial Services current dividend yield

First Business Financial Services's dividend yield of 2.2% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.85%, First Business Financial Services's dividend yield is 23% lower. Historically FBIZ's dividend yield has averaged at 2.8% in the last 5 years, which is above the current yield.

Dividend history

What is FBIZ dividend payout history and dates

First Business Financial Services has a history of paying dividends since 2005. Our records of FBIZ show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 12% since one year ago. But with the stock price up by 32% from a year ago, the dividend yield marks a decrease of 14%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 8, 2024 May 22, 2024 Apr 29, 2024 $0.25 normal
Feb 7, 2024 Feb 21, 2024 Jan 26, 2024 $0.25 normal
Nov 3, 2023 Nov 16, 2023 Oct 30, 2023 $0.228 normal
Aug 4, 2023 Aug 17, 2023 Jul 28, 2023 $0.228 normal
May 5, 2023 May 18, 2023 Apr 28, 2023 $0.228 normal
Feb 3, 2023 Feb 16, 2023 Jan 27, 2023 $0.228 normal
Nov 4, 2022 Nov 17, 2022 Oct 28, 2022 $0.198 normal
Aug 5, 2022 Aug 18, 2022 Jul 29, 2022 $0.198 normal
May 6, 2022 May 19, 2022 Apr 29, 2022 $0.198 normal
Feb 4, 2022 Feb 17, 2022 Jan 28, 2022 $0.198 normal
Nov 5, 2021 Nov 18, 2021 Oct 29, 2021 $0.18 normal
Aug 6, 2021 Aug 19, 2021 Jul 30, 2021 $0.18 normal
May 7, 2021 May 24, 2021 Apr 30, 2021 $0.18 normal
Feb 5, 2021 Feb 18, 2021 Jan 29, 2021 $0.18 normal
Oct 30, 2020 Nov 12, 2020 Oct 23, 2020 $0.165 normal
Jul 31, 2020 Aug 13, 2020 Jul 24, 2020 $0.165 normal
May 1, 2020 May 14, 2020 Apr 24, 2020 $0.165 normal
Jan 31, 2020 Feb 13, 2020 Jan 24, 2020 $0.165 normal
Nov 1, 2019 Nov 14, 2019 Oct 25, 2019 $0.15 normal
Aug 2, 2019 Aug 15, 2019 Jul 26, 2019 $0.15 normal
May 3, 2019 May 16, 2019 Apr 26, 2019 $0.15 normal
Feb 1, 2019 Feb 14, 2019 Jan 25, 2019 $0.15 normal
Nov 2, 2018 Nov 15, 2018 Oct 26, 2018 $0.14 normal
Aug 3, 2018 Aug 16, 2018 Jul 27, 2018 $0.14 normal
May 4, 2018 May 17, 2018 Apr 27, 2018 $0.14 normal
Feb 2, 2018 Feb 15, 2018 Jan 26, 2018 $0.14 normal
Nov 3, 2017 Nov 16, 2017 Oct 27, 2017 $0.13 normal
Aug 3, 2017 Aug 17, 2017 Jul 28, 2017 $0.13 normal
May 9, 2017 May 25, 2017 Apr 27, 2017 $0.13 normal
Feb 8, 2017 Feb 24, 2017 Jan 27, 2017 $0.13 normal
Nov 8, 2016 Nov 21, 2016 Oct 28, 2016 $0.12 normal
Aug 9, 2016 Aug 25, 2016 Jul 29, 2016 $0.12 normal

First Business Financial Services dividend payout ratio

What is First Business Financial Services dividend payout ratio compared to the sector

Payout ratio

First Business Financial Services's payout ratio of 22.1% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 41.2%, First Business Financial Services's payout ratio is 46% lower.

Total amount of dividends paid per financial year (from cash flow)

FBIZ dividend vs peer dividends

How does FBIZ dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CVBF Cvb Financial Corp 3.99% $0.8 52.6%
FITB Fifth Third Bancorp 3.31% $1.4 44.4%
WFC Wells Fargo & Company 2.32% $1.4 28.9%
FBIZ First Business Financial Services Inc 2.09% $0.96 22.1%
SRCE 1St Source Corp 2.06% $1.34 27%
WTFC Wintrust Financial Corp 1.54% $1.7 17.3%

Frequently asked questions

Does First Business Financial Services pay a dividend?

Yes, First Business Financial Services has paid four dividends in the last 12 months. FBIZ has been paying dividends since 2005.

When is First Business Financial Services's next dividend?

Currently FBIZ's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2024.

When was FBIZ's last dividend?

First Business Financial Services's last dividend ex-date was on May 8, 2024. The dividend amount was $0.25 per share.

How much dividend does First Business Financial Services pay (per share)?

FBIZ has paid dividend of $0.96 per share in the last year.

What is First Business Financial Services's dividend yield?

Currently First Business Financial Services's dividend yield is 2.2%.

How often does First Business Financial Services pay dividends?

First Business Financial Services pays dividends quarterly.

What is First Business Financial Services's dividend payout ratio?

The dividend payout ratio of First Business Financial Services is 22.1%.

Does First Business Financial Services pay a good dividend?

First Business Financial Services's dividend yield is below the Financial Services sector average.