Stock Yards Bancorp Inc. (NASDAQ: SYBT) announced an increase in its quarterly cash dividend to $0.33 per common share, effective for the payment date of October 1, 2026.
The dividend action follows the company’s 19th increase since 2011, representing a cumulative dividend growth of 175% over the period. The bank holding company, which operates through its subsidiary Stock Yards Bank & Trust Company, reported $10.37 billion in total assets as of its latest disclosure.
Stock Yards Bank & Trust was founded in 1904, while Stock Yards Bancorp was incorporated as a bank holding company in 1988. The company maintains a presence in Louisville and across central, eastern, and northern Kentucky, as well as the Indianapolis and Cincinnati metropolitan markets.
James A. Hillebrand, Chairman and Chief Executive Officer, noted that the dividend increase reflects the company’s consistent earnings performance and strong capital position. "Our track record of consistent earnings and a solid capital foundation position us to deliver steady dividend growth to our shareholders," he said.
