First Busey Corporation (BUSE) to Issue Quarterly Dividend of $0.26 on July 31st

Posted by George Bondi on Jul 16th, 2026

First Busey Corporation (NASDAQ:BUSE – Get Free Report) announced a quarterly dividend on Tuesday, July 14th. Shareholders of record on Friday, July 24th will be paid a dividend of 0.26 per share by the bank on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, July 24th.

First Busey has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 10 years. First Busey has a payout ratio of 38.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect First Busey to earn $2.67 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 39.0%.

First Busey Stock Performance

NASDAQ BUSE opened at $29.37 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. The business’s 50 day moving average is $28.00 and its two-hundred day moving average is $26.35. First Busey has a 12-month low of $21.63 and a 12-month high of $30.51. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 13.05 and a beta of 0.72.

First Busey (NASDAQ:BUSE – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The bank reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.10. The firm had revenue of $197.17 million for the quarter, compared to the consensus estimate of $197.15 million. First Busey had a return on equity of 10.19% and a net margin of 19.16%. Research analysts expect that First Busey will post 2.6 EPS for the current year.

Insiders Place Their Bets

In other First Busey news, CAO Scott A. Phillips purchased 5,000 shares of First Busey stock in a transaction on Monday, May 4th. The shares were bought at an average price of $25.90 per share, with a total value of $129,500.00. Following the completion of the acquisition, the chief accounting officer directly owned 8,350 shares of the company’s stock, valued at approximately $216,265. This trade represents a 149.25% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.77% of the company’s stock.

Institutional Trading of First Busey

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BUSE. Everhart Financial Group Inc. lifted its holdings in First Busey by 11.8% in the 2nd quarter. Everhart Financial Group Inc. now owns 41,689 shares of the bank’s stock valued at $1,230,000 after purchasing an additional 4,409 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of First Busey by 6.8% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 8,972 shares of the bank’s stock valued at $265,000 after buying an additional 571 shares during the period. Lexington Hill Partners LLC purchased a new stake in First Busey in the 2nd quarter worth approximately $335,000. Assenagon Asset Management S.A. raised its holdings in First Busey by 37.0% in the 2nd quarter. Assenagon Asset Management S.A. now owns 94,464 shares of the bank’s stock valued at $2,787,000 after acquiring an additional 25,490 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of First Busey by 37.0% during the 1st quarter. Bank of America Corp DE now owns 169,641 shares of the bank’s stock worth $4,287,000 after purchasing an additional 45,793 shares during the period. Hedge funds and other institutional investors own 56.49% of the company’s stock.

First Busey Company Profile

(Get Free Report)

First Busey (NASDAQ: BUSE) is a bank holding company headquartered in Champaign, Illinois, with roots tracing back to the founding of Busey Bank in 1868. As a regional financial institution, it offers a broad spectrum of banking services to individuals, small businesses, and corporations. Its core activities include commercial lending, deposit-taking, and cash management, which are tailored to meet the needs of local communities across its operating footprint.

In addition to traditional banking operations, First Busey provides wealth management and trust services through its subsidiary aimed at high-net-worth clients and fiduciary accounts.