dividend
confidence high
sentiment positive
materiality 0.70
Stock Yards Bancorp raises quarterly dividend to $0.29 per share
Stock Yards Bancorp, Inc.
- Quarterly cash dividend increased to $0.29 per common share, payable Oct 3, 2022 to holders of record Sep 19, 2022.
- This is the 15th dividend increase since 2012, representing a cumulative 118% increase.
- Company had $7.58 billion in assets as of the announcement.
- CEO cited strong earnings and solid capital position as basis for the increase.