First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, real estate construction, commercial and residential real estate, and consumer loans, as well as home equity lines of credit. The company also provides money transfer, safe deposit, IRA, and other fiduciary services through banking center, ATM and technology-based networks. In addition, it offers investment management, trust, estate advisory, and financial planning services, as well as business succession and employee retirement planning services; investment strategy consulting and fiduciary services; and security brokerage services. Further, the company provides asset management, philanthropic advisory, tax preparation, and professional farm management services; and commercial depository services, such as cash management services. Additionally, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.
First Busey Dividend Announcement
• First Busey announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-18
• First Busey annual dividend for 2024 was $0.96
• First Busey annual dividend for 2023 was $0.96
• First Busey's trailing twelve-month (TTM) dividend yield is 5.0%
• First Busey's payout ratio for the trailing twelve months (TTM) is 47.97%
• First Busey's dividend growth over the last five years (2018-2023) was 3.71% year
• First Busey's dividend growth over the last ten years (2013-2023) was 23.11% year
First Busey Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-18 | $0.24 | quarterly | 2024-10-25 |
2024-07-19 | $0.24 | quarterly | 2024-07-26 |
2024-04-18 | $0.24 | quarterly | 2024-04-26 |
2024-01-18 | $0.24 | quarterly | 2024-01-26 |
2023-10-19 | $0.24 | quarterly | 2023-10-27 |
2023-07-20 | $0.24 | quarterly | 2023-07-28 |
2023-04-20 | $0.24 | quarterly | 2023-04-28 |
2023-01-19 | $0.24 | quarterly | 2023-01-27 |
2022-10-20 | $0.23 | quarterly | 2022-10-28 |
2022-07-21 | $0.23 | quarterly | 2022-07-29 |
2022-04-21 | $0.23 | quarterly | 2022-04-29 |
2022-01-20 | $0.23 | quarterly | 2022-01-28 |
2021-10-21 | $0.23 | quarterly | 2021-10-29 |
2021-07-22 | $0.23 | quarterly | 2021-07-30 |
2021-04-22 | $0.23 | quarterly | 2021-04-30 |
2021-01-21 | $0.23 | quarterly | 2021-01-29 |
2020-10-22 | $0.22 | quarterly | 2020-10-30 |
2020-07-23 | $0.22 | quarterly | 2020-07-31 |
2020-04-23 | $0.22 | quarterly | 2020-05-01 |
2020-01-23 | $0.22 | quarterly | 2020-01-31 |
2019-10-17 | $0.21 | quarterly | 2019-10-25 |
2019-07-18 | $0.21 | quarterly | 2019-07-26 |
2019-04-17 | $0.21 | quarterly | 2019-04-26 |
2019-01-24 | $0.21 | quarterly | 2019-02-01 |
2018-10-18 | $0.20 | quarterly | 2018-10-26 |
2018-07-19 | $0.20 | quarterly | 2018-07-27 |
2018-04-19 | $0.20 | quarterly | 2018-04-27 |
2018-01-25 | $0.20 | quarterly | 2018-02-02 |
2017-10-19 | $0.18 | quarterly | 2017-10-27 |
2017-07-19 | $0.18 | quarterly | 2017-07-28 |
2017-04-19 | $0.18 | quarterly | 2017-04-28 |
2017-01-25 | $0.18 | quarterly | 2017-02-03 |
2016-10-19 | $0.17 | quarterly | 2016-10-28 |
2016-07-20 | $0.17 | quarterly | 2016-07-29 |
2016-04-20 | $0.17 | quarterly | 2016-04-29 |
2016-01-20 | $0.17 | quarterly | 2016-01-29 |
2015-10-21 | $0.17 | quarterly | 2015-10-30 |
2015-07-22 | $0.05 | quarterly | 2015-07-31 |
2015-04-22 | $0.05 | quarterly | 2015-05-01 |
2015-01-21 | $0.05 | quarterly | 2015-01-30 |
2014-10-15 | $0.05 | quarterly | 2014-10-24 |
2014-07-16 | $0.05 | quarterly | 2014-07-25 |
2014-04-15 | $0.05 | quarterly | 2014-04-25 |
2014-01-22 | $0.04 | quarterly | 2014-01-31 |
2013-10-23 | $0.04 | quarterly | 2013-11-01 |
2013-07-17 | $0.04 | quarterly | 2013-07-26 |
2013-04-17 | $0.04 | quarterly | 2013-04-26 |
First Busey Dividend per year
First Busey Dividend growth
First Busey Dividend Yield
First Busey current trailing twelve-month (TTM) dividend yield is 5.0%. Interested in purchasing First Busey stock? Use our calculator to estimate your expected dividend yield:
First Busey Financial Ratios
First Busey Dividend FAQ
Other factors to consider when evaluating First Busey as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: First Busey's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, First Busey publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, First Busey distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from First Busey are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: First Busey sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, First Busey distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: First Busey declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of First Busey's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review First Busey's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.