Republic Bancorp, Inc. Declares Common Stock Dividends

Rhea-AI Summary

Republic Bancorp, Inc. (NASDAQ: RBCAA) has announced a cash dividend of $0.341 per share for Class A Common Stock and $0.31 for Class B Common Stock. This dividend is payable on July 15, 2022 to shareholders of record as of June 17, 2022. With total assets amounting to $6.3 billion, Republic Bank operates 42 full-service banking centers across five states. This indicates the company's commitment to rewarding its shareholders amidst a robust asset base.

Positive

• Declared cash dividend of $0.341 (Class A) and $0.31 (Class B) per share.
• Dividend payable on July 15, 2022, reflects strong shareholder returns.
• Maintained assets totaling $6.3 billion, showcasing financial stability.

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 July 15, 2022 to shareholders of record as of June 17, 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/20220518005019/en/

Steve Trager

Executive Chair of Republic Bancorp, Inc.

502-584-3600

Source: Republic Bancorp, Inc.

FAQ

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

Republic Bancorp declared a cash dividend of $0.341 per share for Class A and $0.31 for Class B.

When is the dividend payment date for Republic Bancorp (RBCAA)?

The dividend payment date is July 15, 2022.

What are the record dates for the dividend from Republic Bancorp (RBCAA)?

The record date for the dividend is June 17, 2022.