First Busey Corporation (BUSE) - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by First Busey Corporation on January 14, 2025. The filing reports a corporate action taken by the Board of Directors regarding shareholder dividends.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to the dividend declaration:
- Quarterly Dividend: $0.25 per share
- Previous Quarterly Dividend: $0.24 per share
- Dividend Increase: 4.2%
- Record Date: January 24, 2025
- Payment Date: January 31, 2025
Material Changes
The primary material change reported is the increase in the quarterly cash dividend from $0.24 to $0.25 per share, representing a 4.2% year-over-year increase in the quarterly payout.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, specific risk factors, or contingencies beyond the standard disclosure of the dividend event.
Key Facts for Investor Verification
- Verify the ex-dividend date to determine eligibility for the $0.25 payment.
- Confirm the record date of January 24, 2025, for shareholder eligibility.
- Note the payment date of January 31, 2025, for cash flow planning.
- Review subsequent filings (e.g., 10-Q or 10-K) for the financial performance supporting this dividend increase, as this 8-K does not contain earnings data.