First Business Financial Services's last quarterly dividend of $0.25 per share was on Feb 7, 2024 (ex-date). The annualized dividend payment of $0.93 per share represents a current dividend yield of 2.8%. The latest FBIZ payout of $0.25 marks a dividend growth of 10%.
First Business Financial Services's dividend yield of 2.8% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.56%, First Business Financial Services's dividend yield is 21% lower. Historically FBIZ's dividend yield has averaged at 2.7% in the last 5 years, which is similar to the current yield.
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 14% since one year ago. But with the stock price up by 15% from a year ago, the dividend yield marks a decrease of 1.2%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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's payout ratio of 21.5% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.5%, First Business Financial Services's payout ratio is 46% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CVBF Cvb Financial Corp | 4.81% | $0.8 | 50.3% |
FITB Fifth Third Bancorp | 3.81% | $1.38 | 42.7% |
FBIZ First Business Financial Services Inc | 2.76% | $0.93 | 21.5% |
SRCE 1St Source Corp | 2.64% | $1.32 | 26.2% |
WFC Wells Fargo & Company | 2.24% | $1.35 | 27.7% |
WTFC Wintrust Financial Corp | 1.7% | $1.65 | 17% |
Yes, First Business Financial Services has paid four dividends in the last 12 months. FBIZ has been paying dividends since 2005.
Currently FBIZ's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in May 2024.
First Business Financial Services's last dividend ex-date was on Feb 7, 2024. The dividend amount was $0.25 per share.
FBIZ has paid dividend of $0.93 per share in the last year.
Currently First Business Financial Services's dividend yield is 2.8%.
First Business Financial Services pays dividends quarterly.
The dividend payout ratio of First Business Financial Services is 21.5%.
First Business Financial Services's dividend yield is below the Financial Services sector average.