Community Trust Bancorp, Inc. Declares Its Cash Dividend

Rhea-AI Summary

On January 26, 2021, Community Trust Bancorp (NASDAQ: CTBI) announced a cash dividend of $0.385 per share, scheduled for payment on April 1, 2021. This dividend will benefit shareholders who are on record by March 15, 2021. Community Trust Bancorp, with total assets of $5.1 billion, operates 70 banking locations in Kentucky, six in West Virginia, and three in Tennessee, demonstrating its strong regional presence.

Positive

• Cash dividend of $0.385 per share enhances shareholder income.
• Assets of $5.1 billion indicate solid financial stability.

Negative

• None.

On January 26, 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 April 1, 2021, to shareholders of record on March 15, 2021.

Community Trust Bancorp, Inc., with assets of $5.1 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/20210129005613/en/

FAQ

What is the dividend amount declared by Community Trust Bancorp (CTBI)?

The dividend amount declared by Community Trust Bancorp (CTBI) is $0.385 per share.

When will the dividend for CTBI be paid?

The dividend for CTBI will be paid on April 1, 2021.

What is the record date for Community Trust Bancorp's dividend?

The record date for Community Trust Bancorp's dividend is March 15, 2021.

How many banking locations does Community Trust Bancorp have?

Community Trust Bancorp has 70 banking locations across Kentucky, along with additional locations in West Virginia and Tennessee.