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


As per Stock Yards Bancorp, Inc. (NASDAQ:SYBT) statement on 2016-08-17, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.18 per share as dividend to stakeholders. The record date is set as 2016-09-12, the payout date as 2016-10-03 and the ex-dividend date is 2016-09-08.

Last fiscal Stock Yards Bancorp, Inc. (NASDAQ:SYBT) disbursed cash dividend of $0.18. A year ago, the payout was $0.18, which indicates a difference of 9.0909%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.18, implying 6.8278% growth.

For the period ended on 2015-12-31, Stock Yards Bancorp, Inc. (NASDAQ:SYBT)’s earnings came at $0.45 per share compared to EPS of $0.41 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-24. For this quarter, the analysts have earnings estimate of $0.44 per share.

The interim price target for Stock Yards Bancorp, Inc. (NASDAQ:SYBT) is set at $29.5. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Stock Yards Bancorp, Inc. (NASDAQ:SYBT) is seen at $30 and the lowest level is established at $29. This broad range highlights a standard deviation of $0.707 in reported estimates.

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