Community Trust Bancorp, Inc. Declares Its Cash Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
On April 27, 2021, Community Trust Bancorp, Inc. (NASDAQ:CTBI) declared a cash dividend of $0.385 per share. This payment is scheduled for July 1, 2021, to shareholders on record as of June 15, 2021. The company holds assets totalling $5.4 billion and operates 70 banking locations across Kentucky, West Virginia, and Tennessee, showcasing its significant presence in the region.
Positive
Declared a quarterly dividend of $0.385 per share, enhancing income for shareholders.
Stable asset base of $5.4 billion indicates strong financial health.
Negative
None.
Insights
Analyzing...
On April 27, 2021, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ:CTBI) declared its cash dividend of $0.385 per share, which will be paid on July 1, 2021, to shareholders of record on June 15, 2021.
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.
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