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Stock Yards Bancorp Inc (SYBT) |
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SYBT's Dividend Pay out ratio over the 12 Months Period
Cumulative by Quarter, Trailing twelve months
Stock Yards Bancorp Inc 12 Months dividend pay out ratio, in the second quarter 2024, sequentially increased to 33.7% in the second quarter 2024, yet the ratio remained below the average.
Within Financial sector 278 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 630 in the first quarter 2024, to 643.
Dividend in Glossary
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Select the Comparisons :
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Select the Ratio:
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| Cumulative Dividend Pay out Ratio |
II. Quarter
(Jun 30 2024) |
I. Quarter
(Mar 31 2024) |
IV. Quarter
(Dec 31 2023) |
III. Quarter
(Sep 30 2023) |
II. Quarter
(Jun 30 2023) |
| SYBT's Pay out Ratio (TTM) |
33.7 % |
33.42 % |
32.14 % |
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| SYBT's Dividend Pay out Ratio Total
Ranking |
# 643 |
# 630 |
# 546 |
# 580 |
# 1169 |
News about Stock Yards Bancorp Inc Dividends |
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Stock Yards Bancorp Boosts Quarterly Cash Dividend Amid Mixed Financial Performance
In a notable announcement from Louisville, Kentucky, Stock Yards Bancorp, Inc. (NASDAQ: SYBT), the parent company of Stock Yards Bank and Trust Company, declared an increase in its quarterly cash dividend to $0.31 per common share. This decision, made by the Board of Directors, reflects the company?s ongoing commitment to delivering value to its stakeholders. The dividend is set to be paid on October 1, 2024, to shareholders who are on record as of September 16, 2024.
As of the writing of this article, Stock Yards Bancorp?s 12-month dividend payout ratio experienced a sequential increase to 33.42 in the first quarter of 2024. While this uptick might suggest a positive trend in the company?s dividend policy, it is important to note that this ratio remains below the average when compared to industry peers.
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LOUISVILLE, Ky., May 22, 2024 - Stock Yards Bancorp, Inc. (NASDAQ: SYBT), the parent company of Stock Yards Bank and Trust Company, has recently declared a quarterly cash dividend of $0.30 per common share. This news comes as a testament to the company's commitment to its shareholders and its robust financial performance. With a strong presence in various markets, including Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana, and Cincinnati, Ohio metropolitan areas, Stock Yards Bancorp continues to deliver value and stability.
The maintained dividend amount signifies the confidence of the Board of Directors in the company's financial health and its ability to generate consistent profits. The dividend will be payable on July 1, 2024, to stockholders of record as of June 17, 2024, allowing them to reap the rewards of their investment in Stock Yards Bancorp.
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Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.30 Per Common Share and Its Impact on Company Shares
Louisville, Ky., Feb. 21, 2024 - Stock Yards Bancorp, Inc. (NASDAQ: SYBT), the parent company of Stock Yards Bank and Trust Company, has recently announced the declaration of a quarterly cash dividend of $0.30 per common share. This news holds significance for investors and stakeholders due to its potential impact on the company's shares.
Firstly, it is essential to note that Stock Yards Bancorp Inc. has been consistently increasing its dividend pay out ratio over the past year. In the third quarter of 2023, this ratio reached 23.29, showing a sequential increase. However, it is important to mention that the ratio still remains below the industry average. This indicates that while the company is making efforts to return value to its shareholders, it is yet to match the performance of its peers in the Financial sector, where 418 companies had a higher 12 Months dividend pay out ratio.
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In an exciting development for investors, Stock Yards Bancorp Inc., the parent company of Stock Yards Bank and Trust Company, has recently announced its declaration of a quarterly cash dividend of $0.30 per common share. This positive move signifies the company's commitment to returning value to its shareholders. Let's delve into the facts and assess the potential impact on Stock Yards Bancorp Inc.'s shares.
1. Dividend Declaration:
Stock Yards Bancorp Inc., headquartered in Louisville, Kentucky, released a press statement on November 22, 2023, revealing that its Board of Directors approved a quarterly cash dividend of $0.30 per common share. This dividend payout is a testament to the company's strong financial position and long-term growth prospects.
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| Dividend Pay out Ratio Statistics |
| High |
Average |
Low |
| 51.14 % |
36.73 % |
14.96 % |
| (Mar 31 2022) |
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(Mar 31 2023) |
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