Republic Bancorp, Inc. Declares Common Stock Dividends

Rhea-AI Summary

Republic Bancorp declared cash dividends for its Class A and Class B Common Stock, amounting to $0.308 and $0.28 per share, respectively. These dividends are payable on January 21, 2022, to shareholders of record as of December 17, 2021. The company has approximately $6.5 billion in assets and operates 42 banking centers across five states, including Kentucky, Indiana, Florida, Tennessee, and Ohio, positioning itself as a significant player in the regional banking sector.

Positive

• Declared dividend of $0.308 per share (Class A) and $0.28 per share (Class B).
• Strengthened shareholder value through consistent dividend payments.
• Company holds $6.5 billion in assets, indicating strong financial health.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- 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 January 21, 2022 to shareholders of record as of December 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/20211117005137/en/

Steve Trager

Chair and Chief Executive Officer

(502) 584-3600

Source: Republic Bancorp, Inc.

FAQ

What is the dividend amount for RBCAA in January 2022?

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

When will the RBCAA dividend be paid?

The RBCAA dividend will be paid on January 21, 2022.

What is the record date for the January 2022 dividend for RBCAA?

The record date for the January 2022 dividend for RBCAA is December 17, 2021.

How many banking centers does Republic Bancorp operate?

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

Where is Republic Bancorp headquartered?

Republic Bancorp is headquartered in Louisville, Kentucky.