First Busey Corporation (NASDAQ: BUSE) declares Series B preferred dividend
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 is payable on September 1, 2026 to stockholders of record as of August 17, 2026.
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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
Preferred dividend rate: 8.25%
Interest represented per depositary share: 1/40th
+2 more
5 metrics
Quarterly dividend per depositary share
$0.515625
Quarterly cash dividend on 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock
Preferred dividend rate
8.25%
Fixed rate on Series B Non-Cumulative Perpetual Preferred Stock
Interest represented per depositary share
1/40th
Each depositary share represents a 1/40th interest in a Series B preferred share
Dividend payment date
September 1, 2026
Date the quarterly dividend will be paid on Series B depositary shares
Dividend record date
August 17, 2026
Stockholders of record on this date will receive the dividend
Key Terms
Depositary Shares, Non-Cumulative Perpetual Preferred Stock, record as of, par value
4 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 August 17, 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.
par value financial
"Common Stock, $0.001 par value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
When will First Busey (BUSE) pay the declared Series B preferred dividend?
The declared dividend will be paid on September 1, 2026. Holders of the Series B preferred depositary shares on the specified record date will receive this quarterly cash dividend on that payment date.
What is the record date for First Busey (BUSE) Series B preferred dividend?
The record date for the dividend is August 17, 2026. Investors must be stockholders of record in the Series B preferred depositary shares on that date to be entitled to the $0.515625 per share dividend.
Which First Busey (BUSE) security receives the $0.515625 dividend?
The $0.515625 quarterly cash dividend is payable per depositary share, with each depositary share representing a 1/40th interest in a share of 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock.
How often is the Series B preferred dividend from First Busey (BUSE) paid?
The company described this as a quarterly cash dividend on its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock, indicating that similar dividend payments are scheduled to occur on a quarterly basis for these preferred depositary shares.
