German American Bancorp (GABC) will raise its quarterly dividend to $0.13 per share, reflective of the three-for-two stock split distributed on April 21, 2017. This marks the second dividend hike by GABC in 2017.
The dividend is payable on May 20, 2017 to shareholders of record as of May 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.