Busey Financial (NASDAQ:BUSEP) Trading Down 0.1% – Should You Sell?

Busey Financial Corporation (NASDAQ:BUSEPGet Free Report) shares dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $25.90 and last traded at $25.9650. Approximately 12,919 shares were traded during trading, a decline of 24% from the average daily volume of 16,975 shares. The stock had previously closed at $25.99.

Busey Financial Stock Performance

The stock’s 50-day moving average is $25.97 and its 200-day moving average is $25.81.

Busey Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a dividend of $0.5156 per share. The ex-dividend date was Monday, August 17th. This represents a $2.06 annualized dividend and a yield of 8.0%.

Busey Financial Corporation (NASDAQ: BUSEP) is a diversified financial services holding company headquartered in Champaign, Illinois. It operates primarily through its banking subsidiary, Busey Bank, offering a range of financial solutions to consumer, business and institutional clients. The company focuses on community-driven banking with local decision-making and personalized service models.

The company’s main business activities include commercial lending, consumer deposit accounts, treasury and cash management services, and mortgage origination.

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