German American Bancorp, Inc. ( NASDAQ:GABC – Get Rating ) announced a quarterly dividend on Monday, April 24th, Zacks reports. Shareholders of record on Wednesday, May 10th will be given a dividend of 0.25 per share by the bank on Saturday, May 20th. This represents a $1.00 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Tuesday, May 9th. German American Bancorp has increased its dividend by an average of 10.6% annually over the last three years and has raised its dividend every year for the last 11 years.

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