Republic Bancorp, Inc. Declares Common Stock Dividends

Rhea-AI Summary

Republic Bancorp, Inc. (NASDAQ: RBCAA) announced a cash dividend of $0.308 per share for Class A Common Stock and $0.28 for Class B Common Stock. The dividend is payable on October 15, 2021 to shareholders on record as of September 17, 2021. Republic Bancorp is the parent of Republic Bank & Trust Company, which operates 42 banking centers across five states, boasting assets of $6.5 billion. The company is headquartered in Louisville, Kentucky.

Positive

• Declaration of cash dividend of $0.308 for Class A and $0.28 for Class B shares.
• Positive cash return to shareholders, reflecting confidence in financial health.

Negative

• None.

Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.308 per share on Class A Common Stock and $0.28 per share on Class B Common Stock, payable October 15, 2021 to shareholders of record as of September 17, 2021.

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 42 full-service banking centers throughout five states: Twenty-eight banking centers in eight Kentucky communities – Covington, Crestview Hills, Florence, Georgetown, Lexington, Louisville, 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, New Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace; two banking centers in two Tennessee communities (Nashville MSA) – Cool Springs and Green Hills; and two banking centers in two Ohio communities (Cincinnati MSA) – Norwood and West Chester. The Bank offers internet banking at www.republicbank.com. The Company has $6.5 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/20210721005039/en/

FAQ

What is the dividend amount declared by Republic Bancorp (RBCAA)?

The declared dividend is $0.308 per share for Class A Common Stock and $0.28 for Class B Common Stock.

When is the dividend payable for Republic Bancorp (RBCAA)?

The dividend is payable on October 15, 2021.

What is the record date for the dividend by Republic Bancorp (RBCAA)?

The record date for the dividend is September 17, 2021.

How many banking centers does Republic Bank operate?

Republic Bank operates 42 full-service banking centers across five states.

What is the total asset value of Republic Bancorp (RBCAA)?

Republic Bancorp has total assets of $6.5 billion.