Stock Yards Bancorp Increases Quarterly Cash Dividend to $0.32 Per Common Share

Stock Yards Bancorp, Inc., the parent company of Stock Yards Bank & Trust Company, has announced an increase in 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. This move marks the 18th time the company has raised its quarterly dividend rate since 2011, resulting in a cumulative increase of 167% over that time.

Key Takeaways:

  • Stock Yards Bancorp's Board of Directors has increased the quarterly cash dividend to $0.32 per common share, to be paid on October 1, 2025, to stockholders of record as of September 15, 2025.
  • This marks the 18th time the company has raised its quarterly dividend rate since 2011, resulting in a cumulative increase of 167% over that time.
  • The company's consistent profitability and robust capital position enable it to steadily grow dividends and enhance long-term shareholder value.
  • James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, stated that the company's consistently profitable business and strong capital position allow for dividend growth and long-term shareholder value enhancement.
  • Stock Yards Bancorp has $9.21 billion in assets and 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".
  • The dividend increase reflects the company's commitment to enhancing shareholder value and its confidence in its financial performance.

Statistics:

  • The quarterly cash dividend has been increased to $0.32 per common share.
  • This marks the 18th time the company has raised its quarterly dividend rate.
  • The cumulative increase of the quarterly dividend rate is 167% over the past 14 years.
  • Stock Yards Bancorp has $9.21 billion in assets.
  • The company's common shares trade on The NASDAQ Stock Market under the symbol "SYBT".

Sources:

  • GlobeNewswire: Stock Yards Bancorp, Inc. Announces Quarterly Cash Dividend
  • NASDAQ: SYBT Stock Quote