Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

The Board of Directors of Capital City Bank Group declared a quarterly cash dividend of $0.16 per share, translating to an annualized rate of $0.64 per share. This dividend will be payable on March 21, 2022, to shareholders of record as of March 7, 2022. The annualized dividend yield stands at 2.30%, based on a closing stock price of $27.86 on February 23, 2022. Capital City Bank Group, with approximately $4.3 billion in assets, offers a comprehensive range of banking services across Florida, Georgia, and Alabama.

Positive

• Dividend of $0.16 per share announced, indicating confidence in financial health.
• Annualized dividend yield of 2.30% enhances shareholder income.

Negative

• None.

TALLAHASSEE, Fla., Feb. 24, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $.16 per share. The dividend produces an annualized rate of $.64 per common share and is payable on March 21 to shareowners of record as of March 7, 2022. The annualized dividend yield is 2.30% based on a closing stock price of $27.86 on February 23, 2022.

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 life insurance. Our bank subsidiary, Capital City Bank (“CCB”), was founded in 1895 and now has 57 banking offices and 86 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

For Information Contact:
J. Kimbrough Davis
Executive Vice President and Chief Financial Officer
850.402.7820

FAQ

What is the dividend amount declared by CCBG for March 2022?

Capital City Bank Group declared a dividend of $0.16 per share.

When will the CCBG dividend be paid?

The CCBG dividend will be payable on March 21, 2022.

What is the annualized dividend rate for CCBG?

The annualized dividend rate for CCBG is $0.64 per share.

What is the dividend yield of CCBG based on the recent stock price?

The annualized dividend yield is 2.30% based on a closing stock price of $27.86.

Who is eligible to receive the CCBG dividend?

Shareholders of record as of March 7, 2022, are eligible to receive the dividend.