At the end of today, July 28, 2023, First Busey BUSE will distribute a dividend payout of $0.24 per share, translating to an annualized dividend yield of 4.65%. Shareholders who held the stock before the ex-dividend date on July 20, 2023 will benefit from this payout.
First Busey Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 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 |
| 2020-10-22 | 4 | $0.22 | 4.97% | 2020-10-13 | 2020-10-23 | 2020-10-30 |
In terms of dividend yield, First Busey finds itself in the middle ground among its industry peers, while Sandy Spring Bancorp SASR takes the lead with the highest annualized dividend yield at 5.54%.
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
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $0.84 to $0.92. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For First Busey
From 2019 to 2022, First Busey has demonstrated an upward trend in earnings, with earnings per share rising from $2.11 to $2.32. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article provides an in-depth analysis of First Busey's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.24 per share, resulting in an annualized dividend yield of 4.65%.
In terms of dividend yield, First Busey finds itself in the middle ground among its industry peers, while Sandy Spring Bancorp takes the lead with the highest annualized dividend yield at 5.54%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, First Busey appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on First Busey's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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