Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

The Board of Directors of Capital City Bank Group declared a quarterly cash dividend of $.14 per share, with an annualized rate of $.56. This dividend, yielding 3.04% based on a stock price of $18.40 on May 20, 2020, will be paid on June 22, 2020 to shareholders of record as of June 8, 2020. Capital City Bank Group, headquartered in Florida, manages approximately $3.1 billion in assets and offers a wide range of banking services across 57 locations in Florida, Georgia, and Alabama.

Positive

• Declared a quarterly cash dividend of $.14 per share, enhancing income for shareholders.
• Annualized dividend yield at 3.04%, indicating strong returns based on current stock price.

Negative

• None.

News Market Reaction – CCBG

+0.76%

+0.76% Session move

In the trading session that priced this news, CCBG gained 0.76%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

TALLAHASSEE, Fla., May 21, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $.14 per share. The dividend produces an annualized rate of $.56 per common share and is payable on June 22, 2020 to shareowners of record as of June 8, 2020. The annualized dividend yield is 3.04% based on a closing stock price of $18.40 on May 20, 2020.

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 $3.1 billion in assets.  We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards and securities brokerage services.  Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 57 banking offices and 85 ATMs in Florida, Georgia and Alabama.  For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

For Information Contact:
J. Kimbrough Davis
Executive Vice President and Chief Financial Officer
850.402.7820

 

FAQ

What is the dividend amount payable by CCBG?

The dividend amount declared by CCBG is $.14 per share.

When is the CCBG dividend payment date?

The dividend payment date for CCBG is June 22, 2020.

What is the annualized dividend yield for CCBG?

The annualized dividend yield for CCBG is 3.04% based on the closing price of $18.40.

Who qualifies for the CCBG dividend?

Shareholders of record as of June 8, 2020, qualify for the CCBG dividend.