Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

Capital City Bank Group, Inc. (NASDAQ: CCBG) declares a quarterly cash dividend of $0.20 per share, resulting in an annualized rate of $0.80 per common share. The dividend, with an annualized yield of 2.76% based on a closing stock price of $29.02 on November 15, 2023, is payable on December 18, 2023, to shareowners of record as of December 4, 2023.

Positive

• The quarterly cash dividend demonstrates the company's commitment to rewarding shareholders.
• The annualized dividend yield of 2.76% is competitive and may attract income-focused investors.

Negative

• None.

TALLAHASSEE, Fla., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.20 per share. The dividend produces an annualized rate of $0.80 per common share and is payable on December 18, 2023 to shareowners of record as of December 4, 2023. The annualized dividend yield is 2.76% based on a closing stock price of $29.02 on November 15, 2023.

About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.1 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 63 banking offices and 100 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

For Information Contact:
Jep Larkin
Executive Vice President and Chief Financial Officer
850.402.8450

FAQ

What is the quarterly cash dividend declared by Capital City Bank Group, Inc. (NASDAQ: CCBG)?

The company declared a quarterly cash dividend of $0.20 per share.

What is the annualized rate of the dividend?

The annualized rate of the dividend is $0.80 per common share.

When is the dividend payable and to whom?

The dividend is payable on December 18, 2023, to shareowners of record as of December 4, 2023.

What is the annualized dividend yield based on the closing stock price on November 15, 2023?

The annualized dividend yield is 2.76% based on a closing stock price of $29.02 on November 15, 2023.