Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.28 Per Common Share

(Neutral)

Rhea-AI Summary

Stock Yards Bancorp, Inc. (NASDAQ: SYBT), headquartered in Louisville, Kentucky, has declared a quarterly cash dividend of $0.28 per common share, consistent with the previous quarter. This dividend will be paid on April 1, 2022, to stockholders of record by March 21, 2022. With total assets of $6.6 billion, Stock Yards Bancorp operates in multiple markets across Kentucky and parts of Indiana and Ohio, a testament to its significant local presence and stability since its establishment in 1988.

Positive

Declared a quarterly cash dividend of $0.28 per common share.
Dividend maintained at the prior quarter’s amount, reflecting stability.

Negative

None.

News Market Reaction – SYBT

-0.14%

-0.14% Session move

In the trading session that priced this news, SYBT declined 0.14%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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02/16/2022 - 07:30 AM

LOUISVILLE, Ky., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per common share. The dividend, which has been maintained at the prior quarter amount, will be paid on April 1, 2022, to stockholders of record as of March 21, 2022.

Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $6.6 billion in assets, was incorporated in 1988 as a bank holding company. It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904. The Company’s common shares trade on The NASDAQ Stock Market under the symbol “SYBT.” For more information about Stock Yards Bancorp, visit the Company’s website at www.syb.com.

Contact:	T. Clay Stinnett
	Executive Vice President, Treasurer
	and Chief Financial Officer
	(502) 625-0890

FAQ

What is the dividend amount for SYBT?

The declared dividend for Stock Yards Bancorp, Inc. (SYBT) is $0.28 per common share.

When will the dividend be paid for SYBT?

The dividend will be paid on April 1, 2022.

What is the record date for SYBT's dividend?

The record date for the dividend is March 21, 2022.

How often does SYBT pay dividends?

Stock Yards Bancorp typically pays dividends quarterly.