First Busey Corporation Declares Quarterly Dividend on Series B Preferred Stock

First Busey Corporation (NASDAQ: BUSE, BUSEP) has announced a significant development for holders of its preferred shares. On May 5, 2026, the company declared a quarterly cash dividend on its 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock.

Key Details of the Dividend Declaration

• Dividend Amount: \$0.515625 per depositary share.
• Security: Depositary Shares, each representing a 1/40^th interest in a share of 8.25% Fixed-Rate Series B Non-Cumulative Perpetual Preferred Stock, \$0.001 par value.
• Record Date: May 15, 2026.
• Payment Date: June 1, 2026.
• Trading Symbols:
  • Common Stock: BUSE
  • Depositary Shares (Series B Preferred): BUSEP
• Exchange: The Nasdaq Stock Market LLC

What Shareholders Need to Know

• This dividend declaration provides income continuity and may signal continued financial stability, which can be supportive of the company’s share price.
• The dividend is non-cumulative, meaning missed dividends are not owed in the future. The company’s ability and willingness to pay this regular dividend is a positive signal for preferred shareholders and may also be viewed favorably by common stock investors.
• The preferred shares offer an attractive 8.25% fixed rate, which in the current interest rate environment may be particularly appealing to income-focused investors.
• Investors holding shares as of the record date (May 15, 2026) will be eligible to receive the dividend.

Potential Market Impact

• Price-Sensitive Information: The confirmation of the preferred dividend may positively affect the market price of BUSEP, and potentially BUSE, by underscoring the company’s commitment to shareholder returns and its financial health.
• Stability Signal: Payment of the preferred dividend, especially at a fixed high rate, can be interpreted as a sign of stable earnings and cash flow, supporting investor confidence.
• Future Outlook: If the company continues to maintain its dividends at this level, it may continue to attract and retain investors seeking reliable income, which could further support share value.

Other Regulatory Disclosures

• The filing is a standard Form 8-K indicating “Other Events.” There are no indications of written communications, soliciting material, or pre-commencement tender offers associated with this filing.
• First Busey Corporation is not an “Emerging Growth Company” as per the filing.
• No amendments to previously filed information are being reported in this filing.

Company Information

• Business Address: 11440 Tomahawk Creek Parkway, Leawood, KS 66211
• Phone Number: (217) 365-4544
• State of Incorporation: Nevada (NV)
• Fiscal Year End: December 31

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before making investment decisions. The payment of dividends is subject to the discretion of the company’s board and may be changed at any time. Past performance is not indicative of future results.

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