Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.29 Per Common Share

Stock Yards Bancorp, Inc. (NASDAQ: SYBT) announced a quarterly cash dividend of $0.29 per common share, set for payment on December 30, 2022.

Rhea-AI Summary

Stock Yards Bancorp, Inc. (NASDAQ: SYBT) announced a quarterly cash dividend of $0.29 per common share, set for payment on December 30, 2022. This dividend will benefit stockholders on record as of December 19, 2022. The company, based in Louisville, Kentucky, boasts assets totaling $7.55 billion and operates primarily in the Kentucky and Indiana markets, with its shares traded on NASDAQ.

Positive

• Declared quarterly cash dividend of $0.29 per share.
• Dividend payment shows company's confidence in financial health.

Negative

• None.

Argus Session date unavailable

-0.61% session move Open Argus

Details

News Market Reaction – SYBT

The recorded move for SYBT in the trading session of this news was -0.61%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

LOUISVILLE, Ky., Nov. 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 $0.29 per common share. The dividend will be paid on December 30, 2022, to stockholders of record as of December 19, 2022.

Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $7.55 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for SYBT in 2022?

The dividend amount for Stock Yards Bancorp (SYBT) in 2022 is $0.29 per common share.

When will the SYBT dividend be paid?

The SYBT dividend will be paid on December 30, 2022.

What is the record date for the SYBT dividend?

The record date for the SYBT dividend is December 19, 2022.