Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Maximizing Investor Returns: First Busey Unleashes Growth Potential with Strong Performance

Author: Benzinga Insights | October 27, 2023 11:05am

On October 27, 2023, First Busey (NASDAQ:BUSE) will distribute a dividend payout of $0.24 per share, equating to an annualized dividend yield of 4.95%. Shareholders who owned the stock before the ex-dividend date on October 19, 2023 will receive this payout.

First Busey Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-10-19 4 $0.24 4.95% 2023-10-10 2023-10-20 2023-10-27
2023-07-20 4 $0.24 4.65% 2023-07-11 2023-07-21 2023-07-28
2023-04-20 4 $0.24 4.84% 2023-04-11 2023-04-21 2023-04-28
2023-01-19 4 $0.24 3.95% 2023-01-10 2023-01-20 2023-01-27
2022-10-20 4 $0.23 4.04% 2022-10-11 2022-10-21 2022-10-28
2022-07-21 4 $0.23 3.93% 2022-07-12 2022-07-22 2022-07-29
2022-04-21 4 $0.23 3.78% 2022-04-12 2022-04-22 2022-04-29
2022-01-20 4 $0.23 3.17% 2022-01-12 2022-01-21 2022-01-28
2021-10-21 4 $0.23 3.6% 2021-10-12 2021-10-22 2021-10-29
2021-07-22 4 $0.23 3.76% 2021-07-13 2021-07-23 2021-07-30
2021-04-22 4 $0.23 3.57% 2021-04-13 2021-04-23 2021-04-30
2021-01-21 4 $0.23 3.96% 2021-01-12 2021-01-22 2021-01-29

First Busey's dividend yield falls in the middle range when compared to its industry peers, with Provident Finl Servs (NYSE:PFS) having the highest annualized dividend yield at 6.69%.

Analyzing First Busey Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.84 in 2019 to $0.92 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.

YoY Earnings Growth For First Busey

earning chart graph

Investors can observe a growth in earnings for First Busey from 2019 to 2022, as earnings per share increased from $2.11 to $2.32. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.

Recap

In this article, we delve into First Busey's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.24 per share today, resulting in an annualized dividend yield of 4.95%.

First Busey's dividend yield falls in the middle range when compared to its industry peers, with Provident Finl Servs having the highest annualized dividend yield at 6.69%.

Given that First Busey has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.

To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.

\To read more news on First Busey click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BUSE PFS

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist