Busey Financial (NASDAQ:BUSEP) Shares Up 0.4% – Still a Buy?

Shares of Busey Financial Corporation (NASDAQ:BUSEPGet Free Report) traded up 0.4% during mid-day trading on Wednesday . The stock traded as high as $25.77 and last traded at $25.66. 7,876 shares were traded during trading, a decline of 61% from the average session volume of 20,004 shares. The stock had previously closed at $25.55.

Busey Financial Trading Up 0.4%

The firm has a fifty day simple moving average of $25.70 and a 200-day simple moving average of $25.81.

Busey Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a dividend of $0.5156 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.06 annualized dividend and a dividend yield of 8.0%.

Busey Financial Corporation (NASDAQ: BUSEP) is a diversified financial services holding company headquartered in Champaign, Illinois. It operates primarily through its banking subsidiary, Busey Bank, offering a range of financial solutions to consumer, business and institutional clients. The company focuses on community-driven banking with local decision-making and personalized service models.

The company’s main business activities include commercial lending, consumer deposit accounts, treasury and cash management services, and mortgage origination.

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