German American Bancorp's latest quarterly cash dividend of $0.25 per share was issued to shareholders on record before Aug 9, 2023. At an annualized rate of $0.98 per share, the stock yields 3.62%.
German American Bancorp's dividend yield of 3.62% is lower than the Financial Services sector, the industry and its peers average. But in comparison with the Financial Services sector average of 3.73%, German American Bancorp's dividend yield is only 2.9% lower. Historically GABC's dividend yield has averaged at 2.3% in the last 5 years, which is lower than the current one.
German American Bancorp has been paying dividends for the last 30 years. Our records show that GABC has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 9% since twelve months ago. And with the price of the stock down by 25% from a year ago, the dividend yield has an increase of 46%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 9, 2023 | Aug 20, 2023 | Jul 31, 2023 | $0.25 | normal |
| May 9, 2023 | May 20, 2023 | Apr 24, 2023 | $0.25 | normal |
| Feb 9, 2023 | Feb 20, 2023 | Jan 30, 2023 | $0.25 | normal |
| 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 31.4% is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 33.5%, German American Bancorp's payout ratio is 6% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| HBNC Horizon Bancorp Inc | 5.99% | $0.64 | 34% |
| FRME First Merchants Corp | 4.74% | $1.32 | 30.2% |
| ONB Old National Bancorp | 3.85% | $0.56 | 25.7% |
| GABC German American Bancorp Inc | 3.62% | $0.98 | 31.4% |
| THFF First Financial Corp | 3.19% | $1.08 | 19.5% |
| SRCE 1St Source Corp | 3.04% | $1.28 | 25% |
Yes, German American Bancorp has been paying dividends for the last 30 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 November 2023.
German American Bancorp's last dividend ex-date was on Aug 9, 2023. The dividend amount was $0.25 per share.
GABC has paid dividend of $0.98 per share in the last year.
The current dividend yield of German American Bancorp is 3.62%.
German American Bancorp pays dividends quarterly.
German American Bancorp's dividend payout ratio is 31.4%.
German American Bancorp's dividend yield is in line with the Financial Services sector average.