Capital City Bank Group, Inc. Increases Cash Dividend

Rhea-AI Summary

The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) has declared a quarterly cash dividend of $.16 per share, marking a 6.7% increase from the previous quarter's $.15. This dividend results in an annualized rate of $.64 per share and will be payable on September 27 to shareholders on record as of September 13. The annualized dividend yield stands at 2.74% based on the closing stock price of $23.36 on August 25, 2021.

Positive

• Quarterly cash dividend increased by 6.7%.
• Annualized dividend yield of 2.74%.
• Company demonstrates confidence in financial stability.

Negative

• None.

TALLAHASSEE, Fla., Aug. 26, 2021 (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. It represents a 6.7% increase over the prior quarter of $.15. The dividend produces an annualized rate of $.64 per common share and is payable on September 27 to shareowners of record as of September 13, 2021. The annualized dividend yield is 2.74% based on a closing stock price of $23.36 on August 25, 2021.

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 $4.0 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 recent dividend declared by CCBG?

Capital City Bank Group declared a quarterly cash dividend of $.16 per share.

When will the dividend be paid to shareholders of CCBG?

The dividend will be payable on September 27, 2021, to shareholders of record as of September 13, 2021.

What is the annualized dividend yield for CCBG?

The annualized dividend yield for Capital City Bank Group is 2.74%.

How much was the increase in the dividend from the previous quarter?

The dividend increased by 6.7% from the previous quarter's $.15 per share.