Community Trust Bancorp, Inc. Declares Its Cash Dividend

Rhea-AI Summary

On October 25, 2022, Community Trust Bancorp, Inc. (NASDAQ: CTBI) announced a cash dividend of $0.44 per share. This dividend will be paid on January 1, 2023, to shareholders recorded by December 15, 2022. With total assets of $5.5 billion, Community Trust operates 69 banking locations in Kentucky, along with branches in West Virginia and Tennessee. The company remains committed to providing value to its shareholders through consistent dividend payments.

Positive

• Declared a cash dividend of $0.44 per share.
• Dividend payment scheduled for January 1, 2023, providing immediate returns to shareholders.

Negative

• None.

PIKEVILLE, Ky.--(BUSINESS WIRE)-- On October 25, 2022, the Board of Directors of Community Trust Bancorp, Inc., (NASDAQ: CTBI) declared its cash dividend of $0.44 per share, which will be paid on January 1, 2023, to shareholders of record on December 15, 2022.

Community Trust Bancorp, Inc., with assets of $5.5 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/20221026005216/en/

Mark A. Gooch, Vice Chairman, President and CEO

Community Trust Bancorp, Inc.

(606) 437-3229

Source: Community Trust Bancorp, Inc.

FAQ

What is the dividend amount for CTBI?

The dividend amount for Community Trust Bancorp, Inc. (CTBI) is $0.44 per share.

When will the CTBI dividend be paid?

The CTBI dividend will be paid on January 1, 2023.

What is the record date for CTBI's dividend?

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

How often does Community Trust Bancorp pay dividends?

Community Trust Bancorp typically declares dividends on a quarterly basis.