Republic Bancorp, Inc. increases cash dividends paid on common stock for 27th consecutive year Investing.com
LOUISVILLE, Ky.–( BUSINESS WIRE )–Republic Bancorp, Inc. (NASDAQ: RBCAA), the parent company of Republic Bank & Trust Company, today announced an 11% increase in the Company’s quarterly cash dividends. A quarterly cash dividend of $0.451 per share of Class A common stock and $0.41 per share of Class B common stock will be paid on April 18, 2025 to stockholders of record as of March 21, 2025. The increased cash dividend results in an annual dividend yield for the common stock class A of 2.61% based on the closing share price on January 21, 2025.
We are excited to announce an increase in quarterly cash dividends for the 27th year in a row. We are proud of our continued success and excited to once again share this success with our shareholders through an increased dividend, commented Logan Pichel, Chief Executive Officer of Republic Bank.
Republic Bancorp, Inc. (Company) is the parent company of Republic Bank & Trust Company (Bank). The bank currently has 47 community banking centers within five metropolitan statistical areas (MSAs) in five states: 22 banking centers located within the Louisville MSA in Louisville, Prospect, Shelbyville and Shepherdsville, Kentucky and Floyds Knobs, Jeffersonville and New Albany, Indiana; six banking centers within the Lexington MSA in Georgetown and Lexington, Kentucky; eight banking centers within the Cincinnati MSA in Cincinnati and West Chester, Ohio and Bellevue, Covington, Crestview Hills and Florence, Kentucky; seven banking centers within the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole and Tampa, Florida; and four banking centers within the Nashville MSA in Franklin, Murfreesboro, Nashville and Spring Hill, Tennessee. In addition, Republic Bank Finance has one loan production office in St. Louis, Missouri. The bank offers internet banking at www.republicbank.com. The company is headquartered in Louisville, Kentucky, and had approximately $6.7 billion in total assets as of September 30, 2024. The Company’s Class A common stock is listed under the symbol RBCAA at .
Republic Bank. It’s just easier here. ®
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Steve Trager, 502-584-3600
Executive chair
Source: Republic Bancorp, Inc.
