Republic Bancorp, Inc. Declares Common Stock Dividends

Rhea-AI Summary

Republic Bancorp, Inc. (NASDAQ: RBCAA) has declared a cash dividend of $0.341 per share on Class A Common Stock and $0.31 on Class B Common Stock. The dividends are payable on January 20, 2023, to shareholders of record as of December 16, 2022. The company operates 42 full-service banking centers across five states and holds $6.0 billion in assets. The company's strong financial position reflects its continued commitment to returning value to shareholders.

Positive

• Declared a cash dividend of $0.341 per share on Class A and $0.31 on Class B common stock.
• Shareholders will receive dividends on January 20, 2023, reflecting confidence in financial performance.

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 January 20, 2023, to shareholders of record as of December 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 $6.0 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/20221116005062/en/

Steve Trager

Executive Chair

502-584-3600

Source: Republic Bancorp, Inc.

FAQ

What is the dividend amount for Republic Bancorp, Inc. (RBCAA)?

The dividend amount is $0.341 per share for Class A Common Stock and $0.31 for Class B Common Stock.

When will the Republic Bancorp, Inc. dividend be paid?

The dividend will be paid on January 20, 2023.

What is the record date for Republic Bancorp, Inc. dividend?

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

How often does Republic Bancorp, Inc. pay dividends?

Republic Bancorp, Inc. typically pays quarterly dividends.