First Busey Corporation (NASDAQ:BUSE) Updates On Dividend Release Date


On 2016-07-13, First Busey Corporation (NASDAQ:BUSE) confirmed the dividend disbursement of $0.17 a share to shareholders as on record 2016-07-22. The firm will release dividend on 2016-07-29 while ex-dividend date is reported to be 2016-07-20.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, First Busey Corporation (NASDAQ:BUSE) paid a total of $0.17 per share in dividends. This figure stood at $0.17 a share in the same period a year ago indicating a deviation of 8.769%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $24 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $26 and $21, respectively.

Taking the mathematical rating formula, the price for First Busey Corporation (NASDAQ:BUSE) stands at 1.67. Earnings Review First Busey Corporation (NASDAQ:BUSE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $0.39.

Coming to the quarter ending on 2015-12-31, First Busey Corporation (NASDAQ:BUSE) recorded EPS of $0.4. The reported numbers came lower than the analysts’ estimates of $0.37, demonstrating a miss of $0.03 as against reported figures.

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