Stock Yards Bancorp Announces New Quarterly Dividend Payment
Stock Yards Bancorp Announces Quarterly Cash Dividend
Stock Yards Bancorp, Inc. has made a significant announcement regarding its quarterly cash dividend. The company, which serves as the parent entity of Stock Yards Bank & Trust Company, has declared a cash dividend of $0.31 per common share. This decision showcases their ongoing commitment to providing returns to their shareholders.
Dividend Payment Details
The approved dividend is set to be distributed on April 1 of the coming year to stockholders who are on record as of March 17. The dividends signify a consistent approach towards rewarding investors, indicating stability in their financial performance. This move is expected to please current investors and attract potential ones looking for solid dividend returns.
About Stock Yards Bancorp
Based in Louisville, Stock Yards Bancorp has a solid foundation, having been incorporated in 1988. With a substantial asset base of $8.86 billion, the organization has built a robust operational model that has enabled consistent growth and expansion over the years. Stock Yards Bank & Trust Company, established in 1904, stands as a testament to the company’s deep-rooted presence in the banking sector.
Market Performance and Presence
Stock Yards Bancorp operates within the vibrant markets of Louisville, central, eastern, and northern Kentucky, as well as extending its services to metropolitan areas such as Indianapolis and Cincinnati. The firm’s stock is publicly traded under the ticker “SYBT” on the NASDAQ stock market, allowing investors to partake in its continuing success.
Company Leadership
At the helm of Stock Yards Bancorp is T. Clay Stinnett, who serves as the Executive Vice President, Treasurer, and Chief Financial Officer. Individuals wishing to reach out can contact him directly at (502) 625-0890. This highlights the company's transparency and accessibility within the community it serves.
Community Impact
Stock Yards Bancorp has crafted a significant impact not only through its financial services but also by engaging with the community. Their longstanding commitment stretches back over a century, nurturing relationships and contributing to the areas they serve, demonstrating a dedication to each locality's growth.
Frequently Asked Questions
What is the amount of the declared dividend by Stock Yards Bancorp?
The declared cash dividend is $0.31 per common share.
When will the dividend be paid?
The dividend is scheduled to be paid on April 1 to stockholders of record as of March 17.
Who is the Executive Vice President of Stock Yards Bancorp?
T. Clay Stinnett is the Executive Vice President, Treasurer, and Chief Financial Officer of the company.
In which markets does Stock Yards Bancorp operate?
Stock Yards Bancorp operates in Louisville, central, eastern and northern Kentucky, as well as in the metropolitan areas of Indianapolis and Cincinnati.
What is the ticker symbol for Stock Yards Bancorp?
The ticker symbol for Stock Yards Bancorp on NASDAQ is SYBT.
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