Stock yards Bancorp Increases Quarterly Cash Dividend to $0.32 Per Common Share
1. Stock Yards Bancorp raised its quarterly cash dividend to $0.32.
2. Dividend payment scheduled for October 1, 2025, to shareholders of record on September 15.
3. Total dividend increases reached 18 times since 2011, totaling a 167% rise.
4. Company's strong profitability enhances shareholder value through consistent dividend growth.
5. Stock Yards Bancorp manages $9.21 billion in assets, operating across several states.
The increase in dividends reflects strong financial health, potentially raising investor confidence. Historically, similar announcements have positively influenced stock prices, such as dividends by regional banks in 2020.
How important is it?
A rising dividend often indicates robust company performance, attracting long-term investors and signaling financial stability, impacting SYBT's valuation positively.
Why Long Term?
The sustained dividend increase signifies a commitment to shareholder returns, likely benefiting SYBT's stock over time, as investors favor stocks with reliable dividends.
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 $0.32 per common share. The dividend will be paid on October 1, 2025, to stockholders of record as of September 15, 2025.
"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 167% over that time."
Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $9.21 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
