Today we’ll take a closer look at First US Bancshares, Inc. (NASDAQ:FUSB) from a dividend investor’s perspective. Owning a strong business and reinvesting the dividends is widely seen as an attractive way of growing your wealth. Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company’s dividend doesn’t live up to expectations. A slim 1.0% yield is hard to get excited about, but the long payment history is respectable. At the right price, or with strong growth opportunities, First US Bancshares could have potential. During the year, the company also conducted a buyback equivalent to around 1.1% of its market capitalisation. There are a few simple ways to reduce the risks of buying First US Bancshares for its dividend, and we’ll go through these below. Dividends are usually paid out of company earnings. If a company is paying more than it earns, then the dividend might become unsustainable – hardly an ideal situation. So we need to form a view on if a company’s dividend is sustainable, relative to its net profit after tax. First US Bancshares paid out 13% of its profit as dividends, ov...