First Business Announces Quarterly Dividend of $0.21
03 May 2014 - 6:13AM
First Business Financial Services, Inc. (Nasdaq:FBIZ) announced its
board of directors has declared a quarterly cash dividend on its
common stock of $0.21 per share. The 2014 annualized dividend
amount is $0.84 per share. This regular cash dividend is payable on
May 27, 2014 to shareholders of record at the close of business on
May 12, 2014.
Corey Chambas, President & CEO, stated, "We are pleased to
maintain the dividend rate of $0.21 per share for the second
quarter in a row, a 50 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 objective."
About First Business Financial Services,
Inc.
First Business Financial Services (Nasdaq:FBIZ) is a $1.3
billion Wisconsin-based bank holding company that specializes in
focused financial solutions for businesses, key executives, and
high net worth individuals through its operating companies. It is
the 2nd largest Wisconsin-based commercial bank holding company
listed on NASDAQ or NYSE. Its companies include: First Business
Bank - Madison; First Business Bank - Milwaukee; First Business
Bank - Northeast; First Business Trust & Investments; First
Business Equipment Finance, LLC; and First Business Capital Corp.
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. (the "Company") 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 annual report on
Form 10-K, quarterly reports on Form 10-Q and other filings with
the Securities and Exchange Commission.
The First Business Financial Services, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=2667
CONTACT: James F. Ropella
Senior Vice President and CFO
First Business Financial Services, Inc.
608-232-5970
jropella@firstbusiness.com
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