Republic Bancorp, Inc. Increases its Common Stock Cash Dividends Paid for the 25th Consecutive Year

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Jan 27, 2023

Republic Bancorp, Inc. (“Republic”) (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, today announced a 10% increase in the Company’s quarterly cash dividends. The quarterly cash dividend of $0.374 per share of Class A Common Stock and $0.34 per share on Class B Common Stock will be payable April 21, 2023, to shareholders of record as of March 17, 2023. The increased cash dividend results in an annualized dividend yield for the Class A Common stock of 3.50% based upon the stock’s closing price on January 26, 2023.