German American Bancorp (GABC) Raises Quarterly Dividend 8.3% to $0.13; 1.6% Yield

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Go back to German American Bancorp (GABC) Raises Quarterly Dividend 8.3% to $0.13; 1.6% Yield

German American Bancorp, Inc. (GABC) Reports First Quarter Earnings & Announces Cash Dividend Increase

April 24, 2017 5:35 PM EDT

JASPER, Ind., April 24, 2017 (GLOBE NEWSWIRE) -- German American Bancorp, Inc. (NASDAQ: GABC) reported that the Company has achieved strong first quarter 2017 earnings, posting net income of $9.6 million, or $0.42 per share.   On a comparative per share basis, this level of quarterly earnings reflected approximately a 68% increase over reported net income of $5.1 million, or $0.25 per share, in the first quarter of 2016, and a slight decline of 5% from the fourth quarter 2016 net income of $10.1 million, or $0.44 per share.  The Companys first quarter 2016 reported net income was inclusive of one months operations of River Valley... More