First Business Financial Services, Inc. announced its Board of Directors has declared a quarterly cash dividend on its common stock of $0.2275 per share which is equivalent to a dividend yield of 3.16% based on market close price of $28.78. The quarterly dividend is the same as the quarterly dividend declared in January 2023, and based on first quarter 2023 earnings per share, represents a dividend payout ratio of 22%. This regular cash dividend is payable on May 18 2023, to shareholders of record at the close of business on May 8, 2023.