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Republic Bancorp (Republic Bancorp) 3-Year Dividend Growth Rate

: 9.40% (As of Dec. 2023)
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Republic Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.37.

The historical rank and industry rank for Republic Bancorp's 3-Year Dividend Growth Rate or its related term are showing as below:

RBCAA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 5.6   Med: 9.4   Max: 47.7
Current: 9.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Republic Bancorp was 47.70% per year. The lowest was 5.60% per year. And the median was 9.40% per year.

RBCAA's 3-Year Dividend Growth Rate is ranked better than
57.67% of 782 companies
in the Banks industry
Industry Median: 7.55 vs RBCAA: 9.40

During the past 12 months, Republic Bancorp's average Dividends Per Share Growth Rate was 9.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Republic Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.37. As of today, Republic Bancorp's Dividend Yield % is 3.21%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Republic Bancorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Republic Bancorp 3-Year Dividend Growth Rate Distribution

For the Banks industry and Financial Services sector, Republic Bancorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Republic Bancorp's 3-Year Dividend Growth Rate falls into.



Republic Bancorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Republic Bancorp  (NAS:RBCAA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Republic Bancorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.374/ 1.022
=0.37

During the past 13 years, the highest Dividend Payout Ratio of Republic Bancorp was 0.51. The lowest was 0.26. And the median was 0.33.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Republic Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4072024-03-142024-03-152024-04-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.3742023-12-142023-12-152024-01-19Cash DividendquarterlyUSD:USD 1.000000
USD 0.3742023-09-142023-09-152023-10-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.3742023-06-152023-06-162023-07-21Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Republic Bancorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.529/48.05
=3.18 %

Current Share Price is $48.05.
Republic Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.529.

During the past 13 years, the highest Dividend Yield of Republic Bancorp was 3.92%. The lowest was 1.85%. And the median was 2.83%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Republic Bancorp 3-Year Dividend Growth Rate Related Terms>


Republic Bancorp (Republic Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
601 West Market Street, Louisville, KY, USA, 40202
Republic Bancorp Inc operates as a financial institution that provides both traditional and non-traditional banking products through five reportable segments. It has traditional banking, warehouse, mortgage banking, Tax Refund Solutions (TRS), and Republic Credit Solutions (RCS) business segments. The business activities of these segments include retail mortgage lending, commercial lending, construction and land development lending, internet lending, correspondent lending, and indirect lending and also private banking, treasury management services, internet, and mobile banking, bank acquisitions, short-term revolving credit facilities, fixed-term residential real estate loans and receipt and payment of federal and state tax refund products under the TRS division.
Executives
Juan Montano officer: EVP, Chief Mtg Banking Officer 601 W MARKET ST, LOUISVILLE KY 40202
Steven E Deweese officer: EVP, Dir of Retail Banking 601 WEST MARKET STREET, LOUISVILLE KY 40202
Christy Ames officer: EVP, General Counsel 601 W MARKET ST, LOUISVILLE KY 40202
Scott Trager director, 10 percent owner, officer: Vice Chairman 601 W MARKET ST, LOUISVILLE KY 40202
Vidya Ravichandran director 601 W MARKET ST, LOUISVILLE KY 40202
Jennifer N Green director 601 W MARKET ST, LOUISVILLE KY 40202
Timothy S. Huval director 500 W. MAIN STREET, LOUISVILLE KY 40202
Trager Trust Of 2012 10 percent owner 601 W MARKET ST, LOUISVILLE KY 40202
Steve Trager director, 10 percent owner, officer: President and CEO 601 W MARKET ST, LOUISVILLE KY 40202
Laura M Douglas director 601 W MARKET ST, LOUISVILLE KY 40202
Logan Pichel director, officer: President & CEO, Republic Bank 601 W MARKET ST, LOUISVILLE KY 40202
Jeff Starke officer: EVP, Chief Information Officer 601 W MARKET ST, LOUISVILLE KY 40202
George Iii Nichols director 601 W MARKET ST, LOUISVILLE KY 40202
Margaret S Wendler officer: EVP & Chief HR Officer 601 W MARKET ST, LOUISVILLE KY 40202
David P Feaster director 601 W MARKET ST, LOUISVILLE KY 40202

Republic Bancorp (Republic Bancorp) Headlines

From GuruFocus

Republic Bancorp, Inc. Declares Common Stock Dividends

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Republic Bancorp, Inc. Declares Common Stock Dividends

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Republic Bancorp, Inc. Declares Common Stock Dividends

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Republic Bancorp, Inc. Declares Common Stock Dividends

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Republic Bancorp, Inc. Declares Common Stock Dividends

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