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Republic Bancorp, Inc. Increases its Common Stock Cash Dividends Paid for the 27th Consecutive Year

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Republic Bancorp (NASDAQ: RBCAA) has announced an 11% increase in its quarterly cash dividends, marking the 27th consecutive year of dividend increases. The new quarterly dividend will be $0.451 per Class A Common Stock share and $0.41 per Class B Common Stock share, payable April 18, 2025, to shareholders of record as of March 21, 2025.

The increased dividend represents an annualized yield of 2.61% for Class A Common stock, based on the January 21, 2025 closing price. The company, parent of Republic Bank & Trust Company, operates 47 banking centers across five metropolitan areas in Kentucky, Indiana, Ohio, Florida, and Tennessee, with approximately $6.7 billion in total assets as of September 30, 2024.

Republic Bancorp (NASDAQ: RBCAA) ha annunciato un aumento dell'11% nei dividendi in contante trimestrali, segnando il 27° anno consecutivo di aumenti dei dividendi. Il nuovo dividendo trimestrale sarà di $0.451 per azione di Class A Common Stock e di $0.41 per azione di Class B Common Stock, con pagamento previsto per il 18 aprile 2025, agli azionisti registrati al 21 marzo 2025.

Il dividendo incrementato rappresenta un rendimento annuo del 2,61% per le azioni di Class A Common, basato sul prezzo di chiusura del 21 gennaio 2025. L'azienda, madre della Republic Bank & Trust Company, gestisce 47 centri bancari in cinque aree metropolitane in Kentucky, Indiana, Ohio, Florida e Tennessee, con circa $6,7 miliardi in attivi totali al 30 settembre 2024.

Republic Bancorp (NASDAQ: RBCAA) ha anunciado un aumento del 11% en sus dividendos en efectivo trimestrales, marcando el 27° año consecutivo de aumentos en los dividendos. El nuevo dividendo trimestral será de $0.451 por acción de Class A Common Stock y $0.41 por acción de Class B Common Stock, que se pagará el 18 de abril de 2025 a los accionistas registrados al 21 de marzo de 2025.

El dividendo incrementado representa un rendimiento anualizado del 2.61% para las acciones de Class A Common, basado en el precio de cierre del 21 de enero de 2025. La empresa, matriz de Republic Bank & Trust Company, opera 47 centros bancarios en cinco áreas metropolitanas en Kentucky, Indiana, Ohio, Florida y Tennessee, con aproximadamente $6.7 mil millones en activos totales a partir del 30 de septiembre de 2024.

Republic Bancorp (NASDAQ: RBCAA)는 분기 현금 배당금을 11% 인상했다고 발표하며 27년 연속 배당금 인상을 기록했습니다. 새로운 분기 배당금은 Class A Common Stock 주당 $0.451 및 Class B Common Stock 주당 $0.41이며, 2025년 4월 18일에 2025년 3월 21일 기준 주주에게 지급될 예정입니다.

인상된 배당금은 2025년 1월 21일 종가를 기준으로 Class A Common 주식에 대해 연간 수익률 2.61%를 나타냅니다. Republic Bank & Trust Company의 모회사인 이 회사는 켄터키, 인디애나, 오하이오, 플로리다, 테네시의 5개 대도시 지역에 걸쳐 47개의 은행 센터를 운영하며, 2024년 9월 30일 기준으로 총 자산 약 67억 달러를 보유하고 있습니다.

Republic Bancorp (NASDAQ: RBCAA) a annoncé une augmentation de 11 % de ses dividendes en liquide pour le trimestre, marquant la 27e année consécutive d'augmentations de dividendes. Le nouveau dividende trimestriel sera de 0,451 $ par action de Class A Common Stock et de 0,41 $ par action de Class B Common Stock, payable le 18 avril 2025 aux actionnaires enregistrés au 21 mars 2025.

Le dividende augmenté représente un rendement annualisé de 2,61 % pour les actions de Class A Common, basé sur le prix de clôture du 21 janvier 2025. L'entreprise, mère de Republic Bank & Trust Company, exploite 47 centres bancaires dans cinq zones métropolitaines du Kentucky, de l'Indiana, de l'Ohio, de la Floride et du Tennessee, avec environ 6,7 milliards de dollars d'actifs totaux au 30 septembre 2024.

Republic Bancorp (NASDAQ: RBCAA) hat eine Erhöhung der vierteljährlichen Barausschüttungen um 11 % bekannt gegeben, was das 27. aufeinanderfolgende Jahr von Dividendenerhöhungen markiert. Die neue vierteljährliche Dividende beträgt $0,451 pro Aktie der Class A Common Stock und $0,41 pro Aktie der Class B Common Stock, zahlbar am 18. April 2025 an die Aktionäre, die am 21. März 2025 im Register stehen.

Die erhöhte Dividende repräsentiert eine annualisierte Rendite von 2,61 % für Aktien der Class A Common, basierend auf dem Schlusskurs vom 21. Januar 2025. Das Unternehmen, das Mutterunternehmen der Republic Bank & Trust Company ist, betreibt 47 Bankzentren in fünf Metropolregionen in Kentucky, Indiana, Ohio, Florida und Tennessee und verwaltet ungefähr 6,7 Milliarden US-Dollar an Gesamtvermögen zum 30. September 2024.

Positive
  • 27th consecutive year of dividend increases demonstrates consistent financial strength
  • 11% increase in quarterly dividend shows strong cash flow generation
  • 2.61% annualized dividend yield provides attractive shareholder returns
  • $6.7 billion in total assets indicates substantial market presence
Negative
  • None.

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, today announced an 11% increase in the Company’s quarterly cash dividends. The quarterly cash dividend of $0.451 per share of Class A Common Stock and $0.41 per share on Class B Common Stock will be payable April 18, 2025, to shareholders of record as of March 21, 2025. The increased cash dividend results in an annualized dividend yield for the Class A Common stock of 2.61% based upon the stock’s closing price on January 21, 2025.

“We are excited to announce an increase in our quarterly cash dividends for the 27th consecutive year. We are proud of our continuing success and excited to once again share in this success with our shareholders through an increased dividend,” commented Logan Pichel, CEO for Republic Bank.

Republic Bancorp, Inc. (the “Company”) is the parent company of Republic Bank & Trust Company (the “Bank”). The Bank currently has 47 banking centers in communities within five metropolitan statistical areas (“MSAs”) across five states: 22 banking centers located within the Louisville MSA in Louisville, Prospect, Shelbyville, and Shepherdsville in Kentucky, and Floyds Knobs, Jeffersonville, and New Albany in Indiana; six banking centers within the Lexington MSA in Georgetown and Lexington in Kentucky; eight banking centers within the Cincinnati MSA in Cincinnati and West Chester in Ohio, and Bellevue, Covington, Crestview Hills, and Florence in Kentucky; seven banking centers within the Tampa MSA in Largo, New Port Richey, St. Petersburg, Seminole, and Tampa in Florida; and four banking centers within the Nashville MSA in Franklin, Murfreesboro, Nashville and Spring Hill, Tennessee. In addition, Republic Bank Finance has one loan production office in St. Louis, Missouri. The Bank offers internet banking at www.republicbank.com. The Company is headquartered in Louisville, Kentucky, and as of September 30, 2024, had approximately $6.7 billion in total assets. 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. ®

Steve Trager, 502-584-3600

Executive Chair

Source: Republic Bancorp, Inc.

FAQ

What is the new quarterly dividend amount for RBCAA Class A shares?

The new quarterly dividend for Republic Bancorp Class A shares is $0.451 per share.

When will RBCAA's newly announced dividend be paid?

The dividend will be paid on April 18, 2025, to shareholders of record as of March 21, 2025.

What is the current dividend yield for RBCAA Class A shares?

The annualized dividend yield for RBCAA Class A shares is 2.61% based on the January 21, 2025 closing price.

How many consecutive years has RBCAA increased its dividends?

Republic Bancorp has increased its dividends for 27 consecutive years.

How many banking centers does RBCAA currently operate?

RBCAA operates 47 banking centers across five metropolitan statistical areas in five states.

What was RBCAA's total asset value as of September 2024?

Republic Bancorp had approximately $6.7 billion in total assets as of September 30, 2024.

Republic Bancorp Inc/KY

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