Bank First Increases Quarterly Dividend 13%

Dow Jones10-16

By Sabela Ojea

Bank First is raising its quarterly dividend by 13% to 45 cents per share.

The lender on Tuesday said that its board of directors approved increasing its payout to shareholders to 45 cents from 40 cents previously.

The new payout is equal to $1.80 annually, and represents a yield of 2% based on the company's latest closing price of $91.20 per share.

The new dividend will be paid Jan. 6.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

October 15, 2024 16:39 ET (20:39 GMT)

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