$0.18 dividends are now a reality for First Busey Corporation (NASDAQ:BUSE) shareholders. Here’s why.

July 18, 2017 - By reb123z

 $0.18 dividends are now a reality for First Busey Corporation (NASDAQ:BUSE) shareholders. Here's why.

First Busey Corporation (NASDAQ:BUSE) is expected to pay $0.18 on Jul 28, 2017. The indicated annual dividend is $0.72. Shareholders owning the stock before Jul 19, 2017 will be eligible to receive the payout. Based on First Busey Corporation’s current price of $29.20, the dividend is 0.62 %. This dividend’s record date is Jul 21, 2017 and the announcement date is Jul 12, 2017. The stock decreased 0.03% or $0.01 during the last trading session, reaching $29.2. About shares traded. First Busey Corporation (NASDAQ:BUSE) has risen 36.90% since July 18, 2016 and is uptrending. It has outperformed by 20.20% the S&P500.

First Busey Corporation is a financial holding company. The company has market cap of $1.30 billion. The Firm offers a range of financial services through its banking and non-banking subsidiaries. It has a 20.32 P/E ratio. The Firm operates through three divisions: Banking, Remittance Processing and Wealth Management.

First Busey Corporation (NASDAQ:BUSE) Ratings Coverage

Among 6 analysts covering First Busey Corp (NASDAQ:BUSE), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. First Busey Corp has $32 highest and $7 lowest target. $19.60’s average target is -32.88% below currents $29.2 stock price. First Busey Corp had 10 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of First Busey Corporation (NASDAQ:BUSE) earned “Mkt Perform” rating by FBR Capital on Tuesday, December 20. The rating was initiated by Piper Jaffray with “Neutral” on Thursday, January 12. As per Friday, May 26, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Buy” rating by Sandler O’Neill on Thursday, September 17. The company was maintained on Monday, June 26 by Keefe Bruyette & Woods.

More news for First Busey Corporation (NASDAQ:BUSE) were recently published by: Nasdaq.com, which released: “First Busey Corporation Finalizes Acquisition of First Community Financial …” on July 03, 2017. Bizjournals.com‘s article titled: “First Busey makes another acquisition” and published on February 08, 2017 is yet another important article.

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