Capital Bancorp Declares Quarterly Cash Dividend of $0.05 per Share

Capital Bancorp, Inc. (NASDAQ: CBNK) has declared a cash dividend of $0.05 per share on its common stock.

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Rhea-AI Summary

Capital Bancorp, Inc. (NASDAQ: CBNK) has declared a cash dividend of $0.05 per share on its common stock. The dividend will be payable on February 23, 2022, to shareholders of record as of February 8, 2022. The company, headquartered in Rockville, Maryland, operates Capital Bank, the fourth-largest bank in Maryland, with assets of approximately $2.1 billion as of December 31, 2021. Capital Bancorp has provided financial services since 1999 and maintains a strong presence in the greater Washington, D.C., and Baltimore markets.

Positive

Declared a cash dividend of $0.05 per share, enhancing shareholder income.

Negative

None.

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News Market Reaction – CBNK

The recorded move for CBNK in the trading session of this news was +1.03%.

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01/26/2022 - 05:00 PM EST

ROCKVILLE, Md., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declared a cash dividend on its common stock of $0.05 per share. The dividend is payable on February 23, 2022, to shareholders of record as of February 8, 2022.

About Capital Bancorp, Inc.

Capital Bancorp, Inc., Rockville, Maryland is a registered bank holding company incorporated under the laws of Maryland. The Company’s wholly owned subsidiary, Capital Bank, N.A., is the fourth largest bank headquartered in Maryland at December 31, 2021. Capital Bancorp has been providing financial services since 1999 and now operates bank branches in five locations in the greater Washington, D.C. and Baltimore, Maryland markets. Capital Bancorp had assets of approximately $2.1 billion at December 31, 2021 and its common stock is traded in the NASDAQ Global Market under the symbol “CBNK.” More information can be found at the Company's website www.CapitalBankMD.com under its investor relations page.

FINANCIAL CONTACT: Alan Jackson (240) 283-0402

MEDIA CONTACT: Ed Barry (240) 283-1912

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Capital Bancorp, Inc. (CBNK)?

Capital Bancorp, Inc. has declared a cash dividend of $0.05 per share.

When will the dividend be paid to shareholders of CBNK?

The dividend will be payable on February 23, 2022.

What is the record date for the dividend for CBNK shareholders?

The record date for the dividend is February 8, 2022.

How large is Capital Bancorp, Inc.'s total assets?

Capital Bancorp, Inc. reported total assets of approximately $2.1 billion as of December 31, 2021.

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