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Stock impact report

Stock Yards Bancorp Increases Its Quarterly Cash Dividend for the Second Time in 2019 to $0.27 Per Share

Stock Yards Bancorp, Inc. (SYBT) 
Last stock yards bancorp, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/100548
Company Research Source: Business Wire
LOUISVILLE, Ky.--(BUSINESS WIRE)--Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today announced that its Board of Directors has increased the Company’s quarterly cash dividend $0.01 or 4% to $0.27 per common share. The new rate will be paid on December 31, 2019, to stockholders of record as of December 16, 2019.Commenting on the announcement, James A (Ja) Hillebrand, Chairman and Chief Executive Officer, said, “We are pleased to announce another increase in our dividend rate as part of our continued efforts to maximize returns for our investors. The strength of the Company’s financial performance and its solid capital position makes this pattern of dividend growth possible, while we remain well positioned to capitalize on opportunities as they arise. With today’s announcement, Stock Yards Bancorp has now raised its quarterly dividend rate a total of 12 Show less Read more
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