Republic Bancorp, Inc. Increases its Common Stock Cash Dividends Paid for the 23rd Consecutive Year
LOUISVILLE, Ky.–(BUSINESS WIRE)–Republic Bancorp, Inc. (“Republic”) (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, today announced an 8% increase in the Company’s quarterly cash dividends. The quarterly cash dividend of $0.308 per share of Class A Common Stock and $0.28 per share on Class B Common Stock will be payable April 16, 2021 to shareholders of record as of March 19, 2021. The increased cash dividend results in an annualized dividend yield for the Class A Common stock of 3.26% based upon the stock’s closing price on January 26, 2021.
“We are excited that our continued strong earnings and capital position provide us the ability to increase our quarterly cash dividends paid for the 23rd…
