German American Bancorp (GABC) will raise its quarterly dividend by 15.4 percent to $0.15 per share in the first quarter of 2018. Last year the dividend was hiked by a total of 8.3 percent.
The new dividend will be payable on February 20, 2018 to shareholders of record as of February 10, 2018. The new dividend yield for GABC is 1.5%.
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.