First Business Declares Quarterly Cash Dividend
July 28 2017 - 3:15PM
First Business Financial Services, Inc. (“First Business”)
(NASDAQ:FBIZ) announced its board of directors has declared a
quarterly cash dividend on its common stock of $0.13 per share
which is equivalent to a dividend yield of 2.31% based on
Thursday’s market close price of $22.52. The quarterly dividend is
the same as the quarterly dividend declared in April 2017.
This regular cash dividend is payable on August 17, 2017 to
shareholders of record at the close of business on August 7, 2017.
Corey Chambas, President and Chief Executive Officer stated,
“The payment of regular cash dividends remains a priority for First
Business as we maintain our commitment to provide a consistent
return to our shareholders while retaining sufficient capital to
meet the needs of our strategic growth initiatives.”
About First Business Financial Services,
Inc.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 or call 608-238-8008.
This press release includes “forward-looking” statements related
to First Business Financial Services, Inc. that can generally be
identified as describing the Company’s future plans, objectives or
goals. Such forward-looking statements are subject to risks and
uncertainties that could cause actual results or outcomes to differ
materially from those currently anticipated. These forward-looking
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. For further
information about the factors that could affect the Company’s
future results, please see the Company’s 2016 annual report on Form
10-K, quarterly reports on Form 10-Q and other filings with the
Securities and Exchange Commission.
Contact:
Edward G. Sloane, Jr.
Chief Financial Officer
First Business Financial Services, Inc.
608-232-5970
esloane@firstbusiness.com
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