Attached files
| file | filename |
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| EX-99.1 - EXHIBIT 99.1 - Stock Yards Bancorp, Inc. | a51344657ex99_1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (date of earliest event reported): May 18, 2016
STOCK YARDS BANCORP, INC.
(Exact
name of registrant as specified in its charter)
|
Kentucky |
1-13661 |
61-1137529 |
|
(State or other jurisdiction of incorporation or organization) |
(Commission File Number)
|
(I.R.S. Employer Identification No.) |
|
1040 East Main Street, Louisville, Kentucky, 40206 |
|
(Address of principal executive offices) |
(502) 582-2571
(Registrant’s
telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| ITEM 8.01. OTHER EVENTS. |
|
On May 17, 2016, the Board of Directors of Stock Yards Bancorp, Inc. voted to increase the Company's quarterly cash dividend to $0.18 per common share. The higher rate will be paid on July 1, 2016, to stockholders of record as of June 13, 2016, and accordingly, will apply to new shares distributed on May 27, 2016, pursuant to the Company's recently announced three-for-two stock split. On a split-adjusted basis, the new rate reflects an 8% increase in the Company's cash dividend compared with the previous rate and marks the seventh increase in the dividend over the past five years, for a cumulative increase of approximately 50% since 2011. On May 18, 2016, Stock Yards Bancorp, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference, announcing the dividend increase. |
| ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. |
|
D. Exhibits |
|
99.1 Press Release dated May 18, 2016 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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Date: |
May 18, 2016 |
STOCK YARDS BANCORP, INC. |
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By: |
/s/ Nancy B. Davis |
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Nancy B. Davis, Executive Vice |
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President, Treasurer and Chief |
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Financial Officer |
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