First Busey Stock To Go Ex-dividend Tomorrow (BUSE)

NEW YORK ( TheStreet) -- The ex-dividend date for First Busey Corporation (Nasdaq: BUSE) is tomorrow, July 20, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $5.25 as of 9:57 a.m. ET, the dividend yield is 3%.

The average volume for First Busey has been 241,100 shares per day over the past 30 days. First Busey has a market cap of $458.1 million and is part of the financial sector and banking industry. Shares are up 9.8% year to date as of the close of trading on Monday.

First Busey Corporation operates as a bank holding company for Busey Bank that provides various retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. The company has a P/E ratio of 16.5, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates First Busey as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. You can view the full First Busey Ratings Report.

See our dividend calendar or top-yielding stocks list.

null

More from Markets

Video: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Stocks Trade Mixed, Energy Shares Fall on Drop in Oil Prices

Stocks Trade Mixed, Energy Shares Fall on Drop in Oil Prices

Netflix Ready to Surpass Disney as America's Most Valuable Media Company

Netflix Ready to Surpass Disney as America's Most Valuable Media Company

Italian Bonds Slump as Government Mulls Anti-Euro Finance Minister

Italian Bonds Slump as Government Mulls Anti-Euro Finance Minister

Global Stocks Hold Gains as North Korea Response on Talks Soothes Nerves

Global Stocks Hold Gains as North Korea Response on Talks Soothes Nerves