Republic Bancorp (RBCAA) Raises Quarterly Dividend 5.8% to $0.209; 3.1% Yield

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Republic Bancorp, Inc. Increases its Common Stock Cash Dividends for the 17th Consecutive Year

May 18, 2016 3:00 PM EDT

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bancorp, Inc. (Republic) (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, today announced a 6% increase in the Companys second quarter cash dividends. The quarterly cash dividend of $0.209 per share of Class A Common Stock and $0.19 per share on Class B Common Stock will be payable July 15, 2016 to shareholders of record as of June 17, 2016. The increased cash dividend results in an annualized dividend yield for... More