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COMMUNITY TRUST BANCORP INC /KY/ FILES (8-K) Disclosing Other Events

July 30, 2014



Item 8.01 Other Events-Announcing Increase in Cash Dividend provided under Items 7.01 and 8.01 of Form 8-K

On July 29, 2014, the Board of Directors of Community Trust Bancorp, Inc. approved an increase in its quarterly cash dividend to $0.30 per share beginning with the October 1, 2014 payment to shareholders of record on September 15, 2014. This represents an increase of 3.4% in the quarterly cash dividend. Community Trust Bancorp, Inc. has paid consecutive quarterly cash dividends since 1981, and 2014 marks the company's 34th consecutive annual dividend increase. Since 2004, Community Trust Bancorp, Inc. has returned approximately $200 million to shareholders in the form of dividends and share repurchases. The company expects to return $20.5 million to shareholders in the form of cash dividends in 2014, a 3.5% percent increase from 2013. The information in this Form 8-K shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.


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Source: Edgar Glimpses


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