Stock Yards Bancorp, Inc. (NASDAQ:SYBT) Updates On Dividend Release Date


On 2016-05-19, Stock Yards Bancorp, Inc. (NASDAQ:SYBT) confirmed the dividend disbursement of $0.18 a share to shareholders as on record 2016-06-13. The firm will release dividend on 2016-07-01 while ex-dividend date is reported to be 2016-06-09.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Stock Yards Bancorp, Inc. (NASDAQ:SYBT) paid a total of $0.18 per share in dividends. This figure stood at $0.18 a share in the same period a year ago indicating a deviation of 9.0909%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $35.5 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $42 and $29, respectively.

Taking the mathematical rating formula, the price for Stock Yards Bancorp, Inc. (NASDAQ:SYBT) stands at 3. Earnings Review Stock Yards Bancorp, Inc. (NASDAQ:SYBT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.44.

Coming to the quarter ending on 2015-12-31, Stock Yards Bancorp, Inc. (NASDAQ:SYBT) recorded EPS of $0.45. The reported numbers came lower than the analysts’ estimates of $0.42, demonstrating a miss of $0.03 as against reported figures.

Shares of the Stock Yards Bancorp, Inc. (NASDAQ:SYBT) traded in the range of $29.35 to $29.81 and closed the last trading session at $29.59 on a volume of ((Volume:238}}.

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