First Busey (BUSE) sets $0.515625 Series B preferred dividend for June 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
First Busey Corporation 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 will be paid on June 1, 2026, to stockholders of record as of May 15, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Quarterly dividend per depositary share: $0.515625 per depositary share
Dividend rate: 8.25%
Dividend payment date: June 1, 2026
+1 more
4 metrics
Quarterly dividend per depositary share
$0.515625 per depositary share
Declared May 5, 2026 on 8.25% Series B preferred
Dividend rate
8.25%
Fixed rate on Series B Non-Cumulative Perpetual Preferred Stock
Dividend payment date
June 1, 2026
Payable date for Series B preferred dividend
Dividend record date
May 15, 2026
Stockholders of record on this date receive dividend
Key Terms
Depositary Shares, Non-Cumulative Perpetual Preferred Stock, record as of, cash dividend, +1 more
5 terms
Non-Cumulative Perpetual Preferred Stock financial
"8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock"
Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.
record as of financial
"to stockholders of record as of May 15, 2026"
"Record as of" indicates the specific date or point in time when a particular financial figure or statistic was measured or confirmed. It helps investors understand the exact moment when the data was valid, similar to taking a snapshot of a situation. This clarity is important for making accurate comparisons and informed decisions based on the most current or relevant information.
cash dividend financial
"declared a quarterly cash dividend of $0.515625 per depositary share"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
trading symbol financial
"Trading Symbol(s) | Name of each exchange on which registered"
A trading symbol is the short, unique code used to identify a publicly listed security on an exchange — like a stock’s nickname or license plate. Investors use it to look up real-time prices, place buy or sell orders, and track company news across trading platforms; without it, finding the correct security among many with similar names would be slow and error-prone. Knowing the right symbol ensures trades and information refer to the exact asset intended.
FAQ
When is the payment date for First Busey’s Series B preferred dividend?
The dividend is payable on June 1, 2026 to holders of depositary shares representing its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock, aligning with the company’s stated quarterly distribution schedule for this preferred issue.
What is the record date for First Busey (BUSE) Series B preferred dividend?
Stockholders of record as of May 15, 2026 will receive the $0.515625 per depositary share dividend on the Series B Non-Cumulative Perpetual Preferred Stock, meaning investors must own the shares before this date to be entitled to the payment.
Which First Busey security is affected by the $0.515625 dividend?
The dividend applies to depositary shares representing 1/40th interests in First Busey’s 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock, traded on The Nasdaq Stock Market LLC under the symbol BUSEP as indicated in the filing.
Is the First Busey (BUSE) Series B preferred dividend cumulative or non-cumulative?
The Series B preferred dividend is non-cumulative, meaning unpaid dividends do not accrue for future payment. Holders are entitled only to declared dividends like the $0.515625 per depositary share announced for payment on June 1, 2026.
