Republic Bancorp, Inc. Declares Common Stock Dividends

Rhea-AI Summary

Republic Bancorp, Inc. (NASDAQ: RBCAA) announced a cash dividend of $0.286 per share for Class A Common Stock and $0.26 per share for Class B Common Stock. The dividends will be payable on January 15, 2021, to shareholders who are on record as of December 18, 2020. This underscores the Company's commitment to returning income to its shareholders while maintaining a solid financial position, with total assets of $6.2 billion and multiple banking centers across five states.

Positive

• Declared cash dividend of $0.286 on Class A and $0.26 on Class B shares.
• Dividends signify strong financial health and shareholder returns.
• Total assets of $6.2 billion indicate stability.

Negative

• None.

LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, declared a cash dividend of $0.286 per share on Class A Common Stock and $0.26 per share on Class B Common Stock, payable January 15, 2021 to shareholders of record as of December 18, 2020.

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 and two loan production offices throughout five states: 28 banking centers in 8 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, Port Richey, St. Petersburg, Seminole, Tampa, and Temple Terrace, and one loan production office in Oldsmar; two banking centers in two Tennessee communities (Nashville MSA) – Cool Springs and Green Hills, and one loan production office in Brentwood; and two banking centers in two Ohio communities (Cincinnati MSA) - Norwood and West Chester. The Bank offers internet banking at www.republicbank.com. The Bank also offers separately branded, nation-wide digital banking at www.mymemorybank.com. The Company has $6.2 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. ^®