Republic Bancorp, Inc. Declares Common Stock Dividends

Rhea-AI Summary

Republic Bancorp, Inc. (NASDAQ: RBCAA) announced a cash dividend of $0.341 per share on Class A Common Stock and $0.31 for Class B Common Stock. This dividend is payable on October 21, 2022, to shareholders of record as of September 16, 2022. The company, headquartered in Louisville, Kentucky, operates 42 full-service banking centers across five states and holds $6.3 billion in assets. This announcement reflects the bank's commitment to returning value to its shareholders.

Positive

• Cash dividend of $0.341 for Class A and $0.31 for Class B shares indicates strong financial performance.
• Payable date of October 21, 2022, underscores the company's timely returns to investors.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.341 per share on Class A Common Stock and $0.31 per share on Class B Common Stock, payable October 21, 2022, to shareholders of record as of September 16, 2022.

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 $6.3 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/20220720005017/en/

Steve Trager

Executive Chair

502-584-3600

Source: Republic Bancorp, Inc.

FAQ

What is the dividend amount for RBCAA?

Republic Bancorp, Inc. declared a dividend of $0.341 per share on Class A Common Stock and $0.31 on Class B Common Stock.

When is the RBCAA dividend payable?

The dividend is payable on October 21, 2022.

What are the record dates for RBCAA dividends?

The record date for the dividend is September 16, 2022.

How many banking centers does Republic Bancorp operate?

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