First Busey Corporation (NASDAQ:BUSE) to Issue Quarterly Dividend of $0.18 on July 28th
First Busey Corporation (NASDAQ:BUSE) announced a quarterly dividend on Wednesday, July 12th, NASDAQ reports. Shareholders of record on Friday, July 21st will be paid a dividend of 0.18 per share by the bank on Friday, July 28th. This represents a $0.72 annualized dividend and a yield of 2.47%. The ex-dividend date is Wednesday, July 19th.
Shares of First Busey Corporation (BUSE) opened at 29.20 on Tuesday. First Busey Corporation has a 52 week low of $21.80 and a 52 week high of $32.22. The firm has a 50-day moving average of $29.25 and a 200 day moving average of $29.82. The stock has a market cap of $1.12 billion, a PE ratio of 20.38 and a beta of 0.99.
First Busey Corporation (NASDAQ:BUSE) last posted its quarterly earnings data on Tuesday, April 25th. The bank reported $0.41 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. The business had revenue of $62.03 million for the quarter, compared to the consensus estimate of $62.83 million. First Busey Corporation had a net margin of 21.05% and a return on equity of 10.25%. On average, equities analysts forecast that First Busey Corporation will post $1.71 EPS for the current fiscal year.
BUSE has been the topic of several recent analyst reports. ValuEngine raised shares of First Busey Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub raised shares of First Busey Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $31.00 price target on shares of First Busey Corporation in a research note on Wednesday, April 26th. Finally, Zacks Investment Research raised shares of First Busey Corporation from a “sell” rating to a “hold” rating in a research note on Monday, July 3rd. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. First Busey Corporation currently has an average rating of “Hold” and a consensus price target of $32.00.
COPYRIGHT VIOLATION NOTICE: This report was originally reported by Daily Political and is the property of of Daily Political. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/07/18/first-busey-corporation-nasdaqbuse-to-issue-quarterly-dividend-of-0-18-on-july-28th.html.
About First Busey Corporation
First Busey Corporation (First Busey) is a financial holding company. The Company offers a range of financial services through its banking and non-banking subsidiaries. The Company operates through three segments: Banking, Remittance Processing and Wealth Management. The Banking segment provides a range of banking services to individual and corporate customers through its branch network in downstate Illinois, St.
Receive News & Ratings for First Busey Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Busey Corporation and related companies with MarketBeat.com's FREE daily email newsletter.