First Busey Co. (NASDAQ:BUSE) announced a quarterly dividend on Tuesday, January 16th, NASDAQ reports. Investors of record on Friday, January 26th will be given a dividend of 0.20 per share by the bank on Friday, February 2nd. This represents a $0.80 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Thursday, January 25th. This is a positive change from First Busey’s previous quarterly dividend of $0.18.
Shares of First Busey (BUSE) opened at $32.56 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.90 and a current ratio of 0.93. The stock has a market capitalization of $1,556.31, a P/E ratio of 21.28, a P/E/G ratio of 2.41 and a beta of 0.98. First Busey has a 52-week low of $27.33 and a 52-week high of $32.88.
First Busey (NASDAQ:BUSE) last issued its quarterly earnings data on Tuesday, October 24th. The bank reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). First Busey had a return on equity of 10.42% and a net margin of 22.02%. research analysts predict that First Busey will post 1.69 earnings per share for the current year.
In other news, Director George Barr sold 14,492 shares of the stock in a transaction on Monday, October 30th. The stock was sold at an average price of $31.30, for a total value of $453,599.60. Following the completion of the transaction, the director now owns 64,088 shares of the company’s stock, valued at $2,005,954.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 9.60% of the company’s stock.
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About First Busey
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.
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