$BUSE·8-K

FIRST BUSEY CORP /NV/ · May 5, 5:00 PM ET

Compare

FIRST BUSEY CORP /NV/ 8-K

Research Summary

AI-generated summary

Updated

First Busey Corp Declares $0.515625 Quarterly Preferred Dividend

What Happened First Busey Corporation (BUSE) announced in a Form 8‑K filed May 5, 2026 that it declared 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 June 1, 2026 to holders of record as of May 15, 2026.

Key Details

  • Dividend amount: $0.515625 per depositary share (quarterly).
  • Security: 8.25% Fixed‑Rate Series B Non‑Cumulative Perpetual Preferred Stock (depositary shares).
  • Record date: May 15, 2026; Payment date: June 1, 2026.
  • Filing: Form 8‑K filed May 5, 2026; report signed by CFO Christopher H.M. Chan.

Why It Matters This is a routine cash distribution to holders of the Series B preferred depositary shares and indicates the company is continuing scheduled payments on its preferred securities. Preferred dividends are generally prioritized over common stock dividends, so this affects income-focused preferred shareholders rather than common stock performance. The filing provides the official record of the declaration, record date and payment date investors need to capture the payout.

Loading document...