Stock Yards Bancorp (SYBT) Raises Quarterly Dividend 9.5% to $0.23; 2.6% Yield

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Go back to Stock Yards Bancorp (SYBT) Raises Quarterly Dividend 9.5% to $0.23; 2.6% Yield

Stock Yards Bancorp Increases its Quarterly Cash Dividend 10% to $0.23 Per Share, Marking the 10th Increase since the Beginning of 2013

February 21, 2018 7:00 AM EST

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 $0.02 or 10% to $0.23 per common share. The new rate will go into effect with the next payment on April 2, 2018, to stockholders of record as of March 19, 2018.

Commenting on the announcement, David Heintzman,... More