German American Bancorp (GABC) will raise its quarterly dividend by 5.6 percent to $0.19 per share in the first quarter of 2017. Last year the dividend was hiked by 5.9 percent.
The increased dividend will be payable on February 20, 2017 to shareholders of record as of February 10, 2017.
German American Bancorp, Inc., is a bank holding company based in Jasper, Indiana. German American, through its banking subsidiary German American Bancorp, operates banking offices in southern Indiana and northern Kentucky. The Company also owns an investment brokerage subsidiary and a full line property and casualty insurance agency.