Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.31 Per Common Share

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.

News Market Reaction – SYBT

-0.15%

-0.15% Session move

In the trading session that priced this news, SYBT declined 0.15%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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 $0.31 per common share. The dividend will be paid on December 31, 2024, to stockholders of record as of December 16, 2024.

Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $8.44 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 Stock Yards Bancorp's (SYBT) latest quarterly dividend amount?

Stock Yards Bancorp (SYBT) declared a quarterly cash dividend of $0.31 per common share.

When is Stock Yards Bancorp's (SYBT) next dividend payment date?

The dividend will be paid on December 31, 2024, to stockholders of record as of December 16, 2024.

What is Stock Yards Bancorp's (SYBT) current asset size?

Stock Yards Bancorp has $8.44 billion in assets as reported in the announcement.

In which markets does Stock Yards Bancorp (SYBT) operate?

Stock Yards Bancorp operates in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets.