dividend
confidence high
sentiment positive
materiality 0.50
Stock Yards Bancorp increases quarterly dividend to $0.28 per share
Stock Yards Bancorp, Inc.
- Quarterly cash dividend raised to $0.28 per common share; payable Oct. 1, 2021 to holders of record Sep. 20.
- This marks the 14th dividend increase since 2012, a cumulative 110% increase over that period.
- CEO cites strong performance, solid capital, and growth from completed Kentucky Bancshares acquisition and newly announced Commonwealth Bancshares deal.
- Company reports $6.1 billion in assets; continues to expand in Kentucky, Indiana, and Ohio markets.