Capital City Bank Group, Inc. Announces Cash Dividend
The Board of Directors of Capital City Bank Group declared a quarterly cash dividend of $.14 per share, with an annualized rate of $.56.
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
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.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was +0.76%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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