Stock yards Bancorp Increases Quarterly Cash Dividend to $0.32 Per Common Share
Rhea-AI Summary
Stock Yards Bancorp (NASDAQ: SYBT) has announced an increase in its quarterly cash dividend to $0.32 per common share, payable on October 1, 2025, to stockholders of record as of September 15, 2025.
The company, with $9.21 billion in assets, has demonstrated strong dividend growth, having increased its quarterly dividend 18 times since 2011, representing a cumulative increase of 167%. CEO James A. Hillebrand attributes this growth to the company's consistent profitability and robust capital position.
Positive
- Quarterly dividend increased to $0.32 per common share
- Strong dividend growth history with 18 increases since 2011
- 167% cumulative dividend increase since 2011
- Consistent profitability and robust capital position
Negative
- None.
News Market Reaction
On the day this news was published, SYBT gained 1.87%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
LOUISVILLE, Ky., Aug. 20, 2025 (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 increased its quarterly cash dividend to
"Our consistent profitability and robust capital position enable us to steadily grow dividends and enhance long-term shareholder value,” said James A. (Ja) Hillebrand, Chairman and Chief Executive Officer. “With this announcement, Stock Yards Bancorp has now raised its quarterly dividend rate a total of 18 times since 2011, resulting in a cumulative increase of
Louisville, Kentucky-based Stock Yards Bancorp, Inc., with
Contact: T. Clay Stinnett
Executive Vice President, Treasurer
and Chief Financial Officer
(502) 625-0890