LOUISVILLE - Republic Bancorp, Inc. (NASDAQ:RBCAA), the Louisville, Kentucky-based parent company of Republic Bank & Trust Company and Republic Bank Finance, has declared dividends for its Class A and Class B common stocks. Shareholders of record as of December 15, 2023, will receive payments on January 19, 2024, with Class A stocks disbursing $0.374 per share and Class B stocks distributing $0.34 per share.
As of September 30, 2023, Republic Bancorp reported holding assets worth approximately $6.4 billion. The company's Class A Common Stock is traded on the NASDAQ Global Select Market under the ticker symbol "RBCAA."
InvestingPro Insights
According to real-time data from InvestingPro, Republic Bancorp, Inc. has shown a steady growth in their assets over the last twelve months as of Q1 2023, a positive sign for potential investors. The company's net income also reported an increase, indicating a strong financial performance.
InvestingPro Tips suggest that investors should keep an eye on the company's dividend yield. The recent declaration of dividends for its Class A and Class B common stocks could potentially make the company's stocks more appealing to income-focused investors. Another tip to consider is to monitor the company's earnings per share (EPS), as it is an important indicator of a company's profitability. As of Q1 2023, Republic Bancorp's EPS has been showing a positive trend.
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