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.

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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.

Dividend History for First Busey Corporation (NASDAQ:BUSE)

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