German American Bancorp's latest quarterly cash dividend of $0.23 per share was issued to shareholders on record before Nov 9, 2022. At an annualized rate of $0.92 per share, the stock yields 2.45%.
German American Bancorp's dividend yield of 2.45% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.73%, German American Bancorp's dividend yield is 10% lower. Historically GABC's dividend yield has averaged at 2.1% in the last 5 years, which is lower than the current one.
German American Bancorp has been paying dividends for the last 29 years. Our records show that GABC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% since twelve months ago. And with the price of the stock down by 6% from a year ago, the dividend yield has an increase of 16%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 9, 2022 | Nov 20, 2022 | Oct 31, 2022 | $0.23 | normal |
| Aug 9, 2022 | Aug 20, 2022 | Jul 25, 2022 | $0.23 | normal |
| May 9, 2022 | May 20, 2022 | $0.23 | normal | |
| Feb 9, 2022 | Feb 20, 2022 | Jan 31, 2022 | $0.23 | normal |
| Nov 9, 2021 | Nov 20, 2021 | Oct 25, 2021 | $0.21 | normal |
| Aug 9, 2021 | Aug 20, 2021 | Jul 26, 2021 | $0.21 | normal |
| May 7, 2021 | May 20, 2021 | Apr 26, 2021 | $0.21 | normal |
| Feb 9, 2021 | Feb 20, 2021 | Jan 25, 2021 | $0.21 | normal |
| Nov 9, 2020 | Nov 20, 2020 | Oct 26, 2020 | $0.19 | normal |
| Aug 7, 2020 | Aug 20, 2020 | Jul 27, 2020 | $0.19 | normal |
| May 7, 2020 | May 20, 2020 | Apr 27, 2020 | $0.19 | normal |
| Feb 7, 2020 | Feb 20, 2020 | Jan 27, 2020 | $0.19 | normal |
| Nov 7, 2019 | Nov 20, 2019 | Oct 28, 2019 | $0.17 | normal |
| Aug 8, 2019 | Aug 20, 2019 | Jul 29, 2019 | $0.17 | normal |
| May 9, 2019 | May 20, 2019 | Apr 29, 2019 | $0.17 | normal |
| Feb 7, 2019 | Feb 20, 2019 | Jan 28, 2019 | $0.17 | normal |
| Nov 8, 2018 | Nov 20, 2018 | Oct 29, 2018 | $0.15 | normal |
| Aug 9, 2018 | Aug 20, 2018 | Jul 30, 2018 | $0.15 | normal |
| May 9, 2018 | May 20, 2018 | Apr 30, 2018 | $0.15 | normal |
| Feb 8, 2018 | Feb 20, 2018 | Jan 29, 2018 | $0.15 | normal |
| Nov 9, 2017 | Nov 20, 2017 | Oct 30, 2017 | $0.13 | normal |
| Aug 8, 2017 | Aug 20, 2017 | Jul 31, 2017 | $0.13 | normal |
| May 8, 2017 | May 20, 2017 | Apr 24, 2017 | $0.13 | normal |
| Feb 8, 2017 | Feb 20, 2017 | Jan 30, 2017 | $0.127 | normal |
| Nov 8, 2016 | Nov 20, 2016 | Oct 31, 2016 | $0.12 | normal |
| Aug 8, 2016 | Aug 20, 2016 | Jul 25, 2016 | $0.12 | normal |
| May 6, 2016 | May 20, 2016 | Apr 28, 2016 | $0.12 | normal |
German American Bancorp's payout ratio of 34.5% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.7%, German American Bancorp's payout ratio is 12% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HBNC Horizon Bancorp Inc | 4.13% | $0.62 | 28.8% |
| ONB Old National Bancorp | 3.1% | $0.56 | 52.8% |
| FRME First Merchants Corp | 2.99% | $1.25 | 35.5% |
| GABC German American Bancorp Inc | 2.44% | $0.92 | 34.5% |
| SRCE 1St Source Corp | 2.34% | $1.26 | 26.8% |
| THFF First Financial Corp | 2.31% | $1.07 | 21.2% |
Yes, German American Bancorp has been paying dividends for the last 29 years.
At this point we don't have a record of GABC's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2023.
German American Bancorp's last dividend ex-date was on Nov 9, 2022. The dividend amount was $0.23 per share.
GABC has paid dividend of $0.92 per share in the last year.
The current dividend yield of German American Bancorp is 2.45%.
German American Bancorp pays dividends quarterly.
German American Bancorp's dividend payout ratio is 34.5%.
German American Bancorp's dividend yield is lower than the Financial Services sector average.