Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

On May 30, 2024, Capital City Bank Group announced a quarterly cash dividend of $0.21 per share on its common stock, payable on June 24, 2024, to shareholders of record as of June 10, 2024. The annualized dividend amounts to $0.84 per share, yielding 3.14% based on a closing stock price of $26.74 on May 29, 2024.

Positive

• Quarterly cash dividend of $0.21 per share declared.
• Annualized dividend rate is $0.84 per share.
• Dividend yield is 3.14% based on recent stock price of $26.74.
• Dividend payable on June 24, 2024, to shareholders of record as of June 10, 2024.

Negative

• No information on revenue or profit figures provided in the announcement.
• No mention of company growth plans or new business developments.

TALLAHASSEE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $0.21 per share. The dividend produces an annualized rate of $0.84 per common share and is payable on June 24, 2024 to shareowners of record as of June 10, 2024. The annualized dividend yield is 3.14% based on a closing stock price of $26.74 on May 29, 2024.

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 $4.3 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 103 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?

Capital City Bank Group declared a quarterly cash dividend of $0.21 per share on its common stock.

When is the dividend payable for CCBG shareholders?

The dividend is payable on June 24, 2024, to shareholders of record as of June 10, 2024.

What is the annualized dividend rate for CCBG stock?

The annualized dividend rate is $0.84 per share.

What is the dividend yield for CCBG stock based on the closing price on May 29, 2024?

The dividend yield is 3.14% based on a closing stock price of $26.74.

What is the record date for the CCBG dividend?

The record date for the dividend is June 10, 2024.