Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.31 Per Common Share
Stock Yards Bancorp (NASDAQ: SYBT) has declared a quarterly cash dividend of $0.31 per common share, payable on December 31, 2024, to stockholders of record as of December 16, 2024.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Stock Yards Bancorp (NASDAQ: SYBT) has declared a quarterly cash dividend of $0.31 per common share, payable on December 31, 2024, to stockholders of record as of December 16, 2024. The company, with $8.44 billion in assets, operates through Stock Yards Bank & Trust Company across Louisville, central, eastern and northern Kentucky, Indianapolis, Indiana, and Cincinnati, Ohio metropolitan markets.
Positive
- Consistent dividend payment demonstrates financial stability
- Strong asset base of $8.44 billion
- Broad regional presence across three states
Negative
- None.
Details
News Market Reaction – SYBT
The recorded move for SYBT in the trading session of this news was -0.15%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LOUISVILLE, Ky., Nov. 20, 2024 (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
Louisville, Kentucky-based Stock Yards Bancorp, Inc., with
| Contact: | T. Clay Stinnett Executive Vice President, Treasurer and Chief Financial Officer (502) 625-0890 |
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