Community Trust Bancorp, Inc. Declares Its Cash Dividend

Rhea-AI Summary

On January 24, 2023, Community Trust Bancorp, Inc. (NASDAQ: CTBI) declared a cash dividend of $0.44 per share. This dividend will be paid on April 1, 2023, to shareholders on record as of March 15, 2023. Community Trust Bancorp has total assets of $5.4 billion and operates 70 banking locations across Kentucky, West Virginia, and Tennessee. The announcement reflects the company's commitment to shareholder returns and financial stability.

Positive

• Declared a cash dividend of $0.44 per share, indicating strong shareholder returns.
• Company assets totaled $5.4 billion, showcasing financial stability.

Negative

• None.

PIKEVILLE, Ky.--(BUSINESS WIRE)-- On January 24, 2023, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ-CTBI) declared its cash dividend of $0.44 per share, which will be paid on April 1, 2023, to shareholders of record on March 15, 2023.

Community Trust Bancorp, Inc., with assets of $5.4 billion, is headquartered in Pikeville, Kentucky and has 70 banking locations across eastern, northeastern, central, and south central Kentucky, six banking locations in southern West Virginia, three banking locations in northeastern Tennessee, four trust offices across Kentucky, and one trust office in Tennessee.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230125005156/en/

MARK A. GOOCH

VICE CHAIRMAN, PRESIDENT AND CEO

COMMUNITY TRUST BANCORP, INC.

(606) 437-3229.

Source: Community Trust Bancorp, Inc.

FAQ

What is the dividend amount declared by CTBI in January 2023?

CTBI declared a cash dividend of $0.44 per share.

When will the dividend for CTBI be paid?

The dividend will be paid on April 1, 2023.

What is the record date for CTBI's dividend?

The record date for the dividend is March 15, 2023.

How many banking locations does CTBI operate?

CTBI operates 70 banking locations across Kentucky, West Virginia, and Tennessee.

What are the total assets of Community Trust Bancorp?

Community Trust Bancorp has total assets of $5.4 billion.