Capital City Bank Group, Inc. Announces Cash Dividend
On May 27, 2021, Capital City Bank Group, Inc. (NASDAQ: CCBG) announced a quarterly cash dividend of $.15 per share, resulting in an annualized rate of $.60 per common share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On May 27, 2021, Capital City Bank Group, Inc. (NASDAQ: CCBG) announced a quarterly cash dividend of $.15 per share, resulting in an annualized rate of $.60 per common share. This dividend, yielding 2.30% based on the May 26, 2021 closing stock price of $26.06, will be payable on June 21 to shareholders on record as of June 7, 2021. Capital City Bank Group operates with approximately $3.9 billion in assets, offering various banking services across Florida, Georgia, and Alabama.
Positive
- Quarterly cash dividend of $.15 per share declared.
- Annualized dividend of $.60 per share reflects strong shareholder returns.
- 2.30% annualized dividend yield demonstrates company confidence.
Negative
- None.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was +1.75%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TALLAHASSEE, Fla., May 27, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $.15 per share. The dividend produces an annualized rate of $.60 per common share and is payable on June 21 to shareowners of record as of June 7, 2021. The annualized dividend yield is
About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately
For Information Contact:
J. Kimbrough Davis
Executive Vice President and Chief Financial Officer
850.402.7820
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.