Community Trust Bancorp, Inc. Declares Its Cash Dividend

Rhea-AI Summary

On October 26, 2021, Community Trust Bancorp, Inc. (NASDAQ:CTBI) declared a cash dividend of $0.40 per share. This dividend will be paid on January 1, 2022 to shareholders on record as of December 15, 2021. The company, headquartered in Pikeville, Kentucky, holds assets worth $5.4 billion and operates 70 banking locations across Kentucky, West Virginia, and Tennessee.

Positive

• Dividend declaration of $0.40 per share indicates strong cash flow and company confidence.
• Assets valued at $5.4 billion demonstrate solid financial health.

Negative

• None.

PIKEVILLE, Ky.--(BUSINESS WIRE)-- On October 26, 2021, 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 January 1, 2022, to shareholders of record on December 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211029005045/en/

Jean R. Hale, Chairman and CEO, Community Trust Bancorp, Inc. at (606) 437-3294

Source: Community Trust Bancorp, Inc.

FAQ

When will Community Trust Bancorp pay its dividend?

Community Trust Bancorp will pay its dividend on January 1, 2022.

What is the amount of the dividend declared by CTBI?

The dividend declared by Community Trust Bancorp is $0.40 per share.

What is the record date for the dividend payment by CTBI?

The record date for the dividend payment is December 15, 2021.

How many banking locations does Community Trust Bancorp operate?

Community Trust Bancorp operates 70 banking locations across Kentucky, West Virginia, and Tennessee.