Community Trust Bancorp, Inc. Declares Its Cash Dividend

Rhea-AI Summary

Community Trust Bancorp, Inc. (NASDAQ: CTBI) has announced a cash dividend of $0.40 per share, declared on January 25, 2022. The dividend will be paid on April 1, 2022, to shareholders on record as of March 15, 2022. The company, headquartered in Pikeville, Kentucky, boasts assets of $5.4 billion and operates 70 banking locations across Kentucky, West Virginia, and Tennessee.

Positive

• Cash dividend of $0.40 per share enhances shareholder income.
• Company maintains strong asset base of $5.4 billion.

Negative

• None.

PIKEVILLE, Ky.--(BUSINESS WIRE)-- On January 25, 2022, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ: CTBI) declared its cash dividend of $0.40 per share, which will be paid on April 1, 2022, to shareholders of record on March 15, 2022.

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/20220128005531/en/

Mark A. Gooch, President

Community Trust Bancorp, Inc.

(606) 437-3229

Source: Community Trust Bancorp, Inc.

FAQ

What is the dividend payout amount for CTBI?

The dividend payout amount for Community Trust Bancorp, Inc. (CTBI) is $0.40 per share.

When will CTBI's dividend be paid?

CTBI's dividend will be paid on April 1, 2022.

What date is the record for CTBI's dividend?

The record date for CTBI's dividend is March 15, 2022.

How often does CTBI pay dividends?

Community Trust Bancorp, Inc. typically pays dividends quarterly.

What is the asset size of CTBI?

Community Trust Bancorp, Inc. has assets totaling $5.4 billion.