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Capital City Bank Group, Inc. Increases Cash Dividend

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Capital City Bank Group, Inc. (NASDAQ: CCBG) has announced a 9.5% increase in its quarterly cash dividend. The Board of Directors declared a dividend of $0.23 per share, up from the previous $0.21 per share. This increase results in an annualized dividend rate of $0.92 per common share. The dividend will be payable on September 23, 2024, to shareholders of record as of September 9, 2024. Based on the closing stock price of $34.40 on August 28, 2024, the annualized dividend yield stands at 2.67%. This dividend hike demonstrates CCBG's commitment to delivering value to its shareholders and may indicate confidence in the company's financial performance.

Capital City Bank Group, Inc. (NASDAQ: CCBG) ha annunciato un aumento del 9.5% nel suo dividendo in contante trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0.23 per azione, rispetto ai precedenti $0.21 per azione. Questo aumento porta a un tasso di dividendo annualizzato di $0.92 per azione ordinaria. Il dividendo sarà pagabile il 23 settembre 2024, agli azionisti registrati al 9 settembre 2024. Sulla base del prezzo di chiusura delle azioni di $34.40 del 28 agosto 2024, il rendimento del dividendo annualizzato si attesta al 2.67%. Questo incremento del dividendo dimostra l'impegno di CCBG a fornire valore ai suoi azionisti e potrebbe indicare fiducia nella performance finanziaria dell'azienda.

Capital City Bank Group, Inc. (NASDAQ: CCBG) ha anunciado un incremento del 9.5% en su dividendo en efectivo trimestral. La Junta Directiva declaró un dividendo de $0.23 por acción, en comparación con los previos $0.21 por acción. Este aumento resulta en una tasa de dividendo anualizada de $0.92 por acción ordinaria. El dividendo será pagadero el 23 de septiembre de 2024, a los accionistas registrados hasta el 9 de septiembre de 2024. Basado en el precio de cierre de la acción de $34.40 del 28 de agosto de 2024, el rendimiento del dividendo anualizado se sitúa en un 2.67%. Este aumento del dividendo demuestra el compromiso de CCBG de entregar valor a sus accionistas y puede indicar confianza en el desempeño financiero de la empresa.

Capital City Bank Group, Inc. (NASDAQ: CCBG)는 분기 현금 배당금이 9.5% 증가했다고 발표했습니다. 이사회는 주당 $0.23의 배당금을 선언했으며, 이는 이전의 $0.21에서 증가한 수치입니다. 이 증가로 보통주 기준 연간 배당률은 $0.92에 달하게 됩니다. 배당금은 2024년 9월 23일에 지급될 예정이며, 2024년 9월 9일 기준 주주들에게 지급됩니다. 2024년 8월 28일 종가 $34.40를 기준으로 annualized dividend yield는 2.67%에 해당합니다. 이 배당금 인상은 CCBG가 주주에게 가치를 제공하겠다는 의지를 보여주며, 회사의 재무 성과에 대한 자신감을 나타낼 수 있습니다.

Capital City Bank Group, Inc. (NASDAQ: CCBG) a annoncé une augmentation de 9,5% de son dividende en espèces trimestriel. Le Conseil d'Administration a déclaré un dividende de 0,23 $ par action, contre 0,21 $ par action auparavant. Cette augmentation se traduit par un taux de dividende annualisé de 0,92 $ par action ordinaire. Le dividende sera versé le 23 septembre 2024 aux actionnaires enregistrés au 9 septembre 2024. Sur la base du prix de clôture des actions de 34,40 $ au 28 août 2024, le rendement de dividende annualisé s'élève à 2,67%. Cette augmentation du dividende témoigne de l'engagement de CCBG à apporter de la valeur à ses actionnaires et pourrait indiquer une confiance dans la performance financière de l'entreprise.

Capital City Bank Group, Inc. (NASDAQ: CCBG) hat eine 9,5%ige Erhöhung seiner vierteljährlichen Bardividende angekündigt. Der Vorstand hat eine Dividende von 0,23 $ pro Aktie erklärt, was im Vergleich zu zuvor 0,21 $ pro Aktie einen Anstieg darstellt. Diese Erhöhung führt zu einer jährlichen Dividendenrendite von 0,92 $ pro Stammaktie. Die Dividende wird am 23. September 2024 an die am 9. September 2024 registrierten Aktionäre ausgezahlt. Basierend auf dem Schlusskurs der Aktie von 34,40 $ am 28. August 2024 liegt die annualisierte Dividendenrendite bei 2,67%. Diese Erhöhung der Dividende zeigt das Engagement von CCBG, seinen Aktionären Wert zu bieten, und könnte Vertrauen in die finanzielle Leistung des Unternehmens anzeigen.

Positive
  • Quarterly dividend increased by 9.5% to $0.23 per share
  • Annualized dividend rate raised to $0.92 per common share
  • Current annualized dividend yield of 2.67%
Negative
  • None.

TALLAHASSEE, Fla., Aug. 29, 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 $0.23 per share. It represents a 9.5% increase over the prior quarter dividend of $0.21 per share. The dividend produces an annualized rate of $0.92 per common share and is payable on September 23, 2024 to shareowners of record as of September 9, 2024. The annualized dividend yield is 2.67% based on a closing stock price of $34. 40 on August 28, 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 $4.2 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 105 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 new quarterly dividend for Capital City Bank Group (CCBG)?

Capital City Bank Group (CCBG) has increased its quarterly dividend to $0.23 per share, representing a 9.5% increase from the previous $0.21 per share.

When will CCBG pay its next dividend?

CCBG will pay its next dividend on September 23, 2024, to shareholders of record as of September 9, 2024.

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

Based on the closing stock price of $34.40 on August 28, 2024, CCBG's annualized dividend yield is 2.67%.

How much has CCBG increased its dividend?

CCBG has increased its quarterly dividend by 9.5%, from $0.21 per share to $0.23 per share.

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