FIRST BUSEY CORP /NV/ 8-K
Research Summary
AI-generated summary
First Busey Corporation Declares Quarterly Preferred Dividend
What Happened
First Busey Corporation filed an 8-K on February 3, 2026 announcing a quarterly cash dividend of $0.515625 per depositary share on its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock. The dividend is payable on March 2, 2026 to holders of record as of February 13, 2026.
Key Details
- Dividend amount: $0.515625 per depositary share.
- Security: 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock (depositary shares).
- Record date: February 13, 2026. Payable date: March 2, 2026.
- Filing: Form 8-K dated February 3, 2026, signed by CFO Christopher H.M. Chan.
Why It Matters
This is a routine preferred-stock dividend announcement and signals the company is maintaining payouts on its Series B preferred shares. For preferred shareholders, the filing confirms the exact payment amount and schedule; for common shareholders it does not indicate a common dividend change. Investors tracking income from Busey’s preferred securities should note the payment and record dates.