Republic Bancorp, Inc. Declares Common Stock Dividends

Rhea-AI Summary

Republic Bancorp, Inc. declares cash dividend on Class A and Class B Common Stock.

Positive

• Republic Bancorp, Inc. declared a cash dividend of $0.374 per share on Class A Common Stock and $0.34 per share on Class B Common Stock. The dividend is payable on July 21, 2023, to shareholders of record as of June 16, 2023.

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• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.374 per share on Class A Common Stock and $0.34 per share on Class B Common Stock, payable July 21, 2023, to shareholders of record as of June 16, 2023.

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 45 banking centers in communities in four metropolitan statistical areas (“MSAs”) across five states: 22 banking centers located in the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six centers in the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers in the Cincinnati MSA in Kenwood, Norwood and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven centers in the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace in Florida; and two banking centers in the Nashville MSA in Cool Springs and Green Hills, Tennessee. The Bank offers internet banking at www.republicbank.com. As of March 31, 2023, the Company has approximately $6.1 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/20230517005747/en/

Steve Trager

Executive Chair

502-584-3600

Source: Republic Bancorp, Inc.

FAQ

What is the dividend declared by Republic Bancorp, Inc.?

Republic Bancorp, Inc. declared a cash dividend of $0.374 per share on Class A Common Stock and $0.34 per share on Class B Common Stock.

When will the dividend be payable?

The dividend will be payable on July 21, 2023.

Who are the shareholders eligible for the dividend?

Shareholders of record as of June 16, 2023, are eligible for the dividend.