Stock Yards Bancorp Increases Quarterly Dividend to $0.32 per Share

Stock Yards Bancorp Inc (SYBT) has announced an increase in its quarterly cash dividend to $0.32 per common share, marking the 18th time the company has raised its dividend since 2011. The cumulative increase in the dividend since 2011 is 167%. The company has consistently demonstrated robust financial health and a commitment to enhancing shareholder value.

Louisville, Ky., Aug. 20, 2025 — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), a bank holding company with a robust presence in Kentucky, Indiana, and Ohio, has announced an increase in its quarterly cash dividend to $0.32 per common share. This marks the 18th time since 2011 that the company has raised its dividend, resulting in a cumulative increase of 167% over that period [1].

The dividend will be paid on October 1, 2025, to stockholders of record as of September 15, 2025. The move reflects the company's consistent profitability and strong capital position, which have enabled it to steadily grow dividends and enhance long-term shareholder value, according to James A. (Ja) Hillebrand, Chairman and Chief Executive Officer of Stock Yards Bancorp [1].

Founded in 1988, Stock Yards Bancorp is the parent company of Stock Yards Bank & Trust Company, which was established in 1904. The company's common shares trade on The NASDAQ Stock Market under the symbol "SYBT." With $9.21 billion in assets, Stock Yards Bancorp serves clients in Louisville, central, eastern, and northern Kentucky, as well as the Indianapolis and Cincinnati metropolitan markets [1].

This dividend increase comes as part of a broader trend in the financial sector, where companies are increasingly focusing on dividend payouts as a means of returning value to shareholders. For instance, Insperity, M&T Bank, Royal Gold, and ADI have also recently announced increases in their quarterly cash dividends [2].

In addition to its financial health, Stock Yards Bancorp has been leveraging technology to enhance its services. The company's virtual assistant, Erica, has been a key driver of efficiency and client engagement. Launched in 2018, Erica has assisted nearly 50 million users, surpassing 3 billion client interactions, and now averages more than 58 million interactions per month [3].

The company's commitment to innovation and shareholder value is evident in its consistent dividend growth and robust financial performance. As investors continue to seek stable and growing income streams, Stock Yards Bancorp's dividend increase is a positive sign of its ongoing commitment to shareholder returns.

References:
[1] https://www.globenewswire.com/news-release/2025/08/20/3136319/0/en/Stock-yards-Bancorp-Increases-Quarterly-Cash-Dividend-to-0-32-Per-Common-Share.html
[2] https://www.nasdaq.com/articles/daily-dividend-report-sybtnspmtbrgldadi
[3] https://www.nasdaq.com/press-release/decade-ai-innovation-bofas-virtual-assistant-erica-surpasses-3-billion-client