Aug 21 - The Bank of Kentucky Financial Corporation (Nasdaq:BKYF) has announced a semiannual cash dividend of 32 cents per common share, payable on Sept. 21, 2012, to shareholders of record as of Sept. 7, 2012. This cash dividend represents an increase of 4 cents per share (14 percent) over the dividend paid in September 2011 of 28 cents per share.
"Maintaining long-term value for our shareholders is paramount for us," said Robert W. Zapp, president and CEO. "Our final repurchase of the TARP investment in November of 2011, coupled with increased net income and solid capital base allows us to continue with our goal of rewarding shareholders by increasing our semiannual dividend."
About The Bank of Kentucky Financial Corporation
The Bank of Kentucky Financial Corporation, a bank holding company with assets of approximately $1.704 billion, offers banking and related financial services to both individuals and business customers. BKFC operates 33 branch locations and 54 ATMs.