Community Trust Bancorp, Inc. Declares Its Cash Dividend

Rhea-AI Summary

The Board of Directors of Community Trust Bancorp (NASDAQ: CTBI) announced a cash dividend of $0.40 per share on April 26, 2022. The dividend is set to be paid on July 1, 2022 to shareholders on record as of June 15, 2022. Community Trust Bancorp boasts assets of $5.4 billion and operates 69 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 April 26, 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 July 1, 2022, to shareholders of record on June 15, 2022.

Community Trust Bancorp, Inc., with assets of $5.4 billion, is headquartered in Pikeville, Kentucky and has 69 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/20220427005263/en/

Mark A. Gooch, President and CEO

Community Trust Bancorp, Inc.

(606) 437-3229

Source: Community Trust Bancorp, Inc.

FAQ

What is the dividend amount for CTBI declared on April 26, 2022?

The dividend amount declared is $0.40 per share.

When will the dividend for CTBI be paid?

The dividend will be paid on July 1, 2022.

What is the record date for CTBI's dividend payment?

The record date for the dividend payment is June 15, 2022.

How many banking locations does CTBI operate?

Community Trust Bancorp operates 69 banking locations.

What are the assets of Community Trust Bancorp?

Community Trust Bancorp has assets totaling $5.4 billion.