Republic Bancorp's latest quarterly cash dividend of $0.374 per share was issued to shareholders on record before Sep 14, 2023. The dividend distribution stands at $1.46 per share annually, which comes to a dividend yield of 3.02%.
RBCAA has a dividend yield of 3.02% which is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 3.38%, Republic Bancorp's dividend yield is 11% lower. The current dividend yield is higher than the historical average of 2.8% of the last 5 years.
Republic Bancorp has been paying dividends for the last 25 years. Our records show that RBCAA has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% since twelve months ago. However with the price of the stock up by 10% from a year ago, the dividend yield has a decrease of 0.5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 14, 2023 | Oct 20, 2023 | Jul 19, 2023 | $0.374 | normal |
| Jun 15, 2023 | Jul 21, 2023 | May 17, 2023 | $0.374 | normal |
| Mar 16, 2023 | Apr 21, 2023 | Jan 27, 2023 | $0.374 | normal |
| Dec 15, 2022 | Jan 20, 2023 | Nov 16, 2022 | $0.341 | normal |
| Sep 15, 2022 | Oct 21, 2022 | Jul 20, 2022 | $0.341 | normal |
| Jun 16, 2022 | Jul 15, 2022 | May 18, 2022 | $0.341 | normal |
| Mar 17, 2022 | Apr 15, 2022 | Jan 26, 2022 | $0.341 | normal |
| Dec 16, 2021 | Jan 21, 2022 | Nov 17, 2021 | $0.308 | normal |
| Sep 16, 2021 | Oct 15, 2021 | Jul 21, 2021 | $0.308 | normal |
| Jun 17, 2021 | Jul 16, 2021 | May 19, 2021 | $0.308 | normal |
| Mar 18, 2021 | Apr 16, 2021 | Jan 27, 2021 | $0.308 | normal |
| Dec 17, 2020 | Jan 15, 2021 | Nov 18, 2020 | $0.286 | normal |
| Sep 17, 2020 | Oct 16, 2020 | Jul 15, 2020 | $0.286 | normal |
| Jun 18, 2020 | Jul 17, 2020 | May 20, 2020 | $0.286 | normal |
| Mar 19, 2020 | Apr 17, 2020 | Jan 22, 2020 | $0.286 | normal |
| Dec 19, 2019 | Jan 17, 2020 | Nov 20, 2019 | $0.264 | normal |
| Sep 19, 2019 | Oct 18, 2019 | Jul 17, 2019 | $0.264 | normal |
| Jun 20, 2019 | Jul 19, 2019 | May 15, 2019 | $0.264 | normal |
| Mar 14, 2019 | Apr 19, 2019 | Jan 23, 2019 | $0.264 | normal |
| Dec 20, 2018 | Jan 18, 2019 | Nov 14, 2018 | $0.242 | normal |
| Sep 20, 2018 | Oct 19, 2018 | Jul 18, 2018 | $0.242 | normal |
| Jun 14, 2018 | Jul 20, 2018 | May 16, 2018 | $0.242 | normal |
| Mar 15, 2018 | Apr 20, 2018 | Jan 24, 2018 | $0.242 | normal |
| Dec 14, 2017 | Jan 19, 2018 | Nov 15, 2017 | $0.22 | normal |
| Sep 14, 2017 | Oct 20, 2017 | Jul 19, 2017 | $0.22 | normal |
| Jun 14, 2017 | Jul 21, 2017 | May 17, 2017 | $0.22 | normal |
| Mar 15, 2017 | Apr 21, 2017 | Jan 25, 2017 | $0.209 | normal |
| Dec 14, 2016 | Jan 20, 2017 | Nov 16, 2016 | $0.209 | normal |
| Sep 14, 2016 | Oct 21, 2016 | Jul 20, 2016 | $0.209 | normal |
| Jun 15, 2016 | Jul 15, 2016 | May 18, 2016 | $0.209 | normal |
RBCAA has a payout ratio of 31.8% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 36.5%, Republic Bancorp's payout ratio is 13% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UBFO United Security Bancshares | 5.68% | $0.46 | 40% |
| BMRC Bank of Marin Bancorp | 5.01% | $1 | 49.8% |
| RBCAA Republic Bancorp Inc | 3.03% | $1.46 | 31.8% |
| NBHC National Bank Holdings Corp | 2.99% | $1.04 | 31.6% |
Yes, Republic Bancorp has paid four dividends in the last twelve months. RBCAA has been paying dividends since 1998.
RBCAA's next dividend is scheduled on Dec 14, 2023 (ex-date).
Republic Bancorp's last dividend ex-date was on Sep 14, 2023. The dividend amount was $0.374 per share.
RBCAA has paid dividend of $1.46 per share in the last year.
The current dividend yield of Republic Bancorp is 3.02%.
Republic Bancorp pays four dividends per year.
Republic Bancorp's dividend payout ratio is 31.8%.
Republic Bancorp's dividend yield is lower than the Financial Services sector average.