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THE BANK OF KENTUCKY RAISES ITS QUARTERLY DIVIDEND 6% TO $0.18 PER SHARE

THE BANK OF KENTUCKY RAISES ITS QUARTERLY DIVIDEND 6% TO $0.18 PER SHARE

 

 

CRESTVIEW HILLS, KENTUCKY, December 23, 2013 - The Bank of Kentucky Financial Corporation (NASDAQ: BKYF) announced an increase in its quarterly cash dividend of 6% to $0.18 per common share from the previous rate of $0.17 per share.  The dividend will be payable on January 24, 2014 to shareholders of record as of January 10, 2014.

 

Commenting on the press release, Robert W. Zapp, President and CEO said, “We are pleased to announce another increase to the cash dividend paid to shareholders.  We began paying quarterly dividends a year ago and it has been a positive year of rewarding investors who value our ability to grow and succeed.”  

 

 

About The Bank of Kentucky Financial Corporation 

The Bank of Kentucky Financial Corporation, a bank holding company with assets of approximately $1.802 billion, offers banking and related financial services to both individuals and business customers through its subsidiary, The Bank of Kentucky, Inc. (the “Bank”).  The Bank operates thirty-three branch locations and fifty-six ATMs.

 

 

 

For more information contact:

 

Martin Gerrety

Executive Vice President and CFO

(859) 372-5169

mgerrety@bankofky.com

 

 

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Attention Bank of Kentucky Customer:

As you know, on June 22, pending regulatory approval, The Bank of Kentucky will become a part of Branch Banking & Trust Company (BB&T). Before you enroll for online banking, please read the following important notice:

If you enroll in Online Banking with The Bank of Kentucky on or after May 14, you will need to re-enroll in Online Banking with BB&T after conversion.

On June 19, your online banking access with The Bank of Kentucky will be changed to a view only mode through July 20. To re-enroll with BB&T on or after June 22, please visit any one of our branch locations or go to www.bbt.com.

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