LOUISVILLE, Ky.--(BUSINESS WIRE)--
Republic Bancorp, Inc. (“Republic”) (NASDAQ: RBCAA), parent company of
Republic Bank & Trust Company, today announced a 9% increase in the
Company’s quarterly cash dividends. The quarterly cash dividend of
$0.264 per share of Class A Common Stock and $0.24 per share on Class B
Common Stock will be payable April 19, 2019 to shareholders of record as
of March 15, 2019. The increased cash dividend results in an annualized
dividend yield for the Class A Common stock of 2.67% based upon the
stock’s closing price on January 22, 2019.
Republic Bancorp, Inc. (the “Company”) is the parent company of
Republic Bank & Trust Company (the “Bank”). The Bank currently has 45
full-service banking centers and one loan production office throughout
five states: 32 banking centers in 11 Kentucky communities - Covington,
Crestview Hills, Elizabethtown, Florence, Frankfort, Georgetown,
Lexington, Louisville, Owensboro, Shelbyville, and Shepherdsville; three
banking centers in southern Indiana – Floyds Knobs, Jeffersonville, and
New Albany; seven banking centers in six Florida communities (Tampa MSA)
– Largo, Port Richey, St. Petersburg, Seminole, Tampa, and Temple
Terrace; two banking centers in Tennessee (Nashville MSA) – Cool Springs
(Franklin) and Green Hills (Nashville) and one loan production office in
Brentwood; and one banking center in Norwood (Cincinnati), Ohio. The
Bank offers internet banking at www.republicbank.com. The Bank also
offers separately branded, nation-wide digital banking at
www.mymemorybank.com. The Company has $5.2 billion in assets and is
headquartered in Louisville, Kentucky. The Company’s Class A Common
Stock is listed under the symbol “RBCAA” on the NASDAQ Global Select
Market.
Republic Bank. It’s just easier here. ®
View source version on businesswire.com: https://www.businesswire.com/news/home/20190123005134/en/
Steve Trager, 502-584-3600
Chairman and Chief Executive Officer
Source: Republic Bancorp, Inc.