Capital City Bank Group, Inc. Announces Cash Dividend

Rhea-AI Summary

The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) has declared a quarterly cash dividend of $0.16 per share, reflecting an annualized rate of $0.64. This translates to an annualized dividend yield of 2.41%, based on the closing stock price of $26.52 on May 25, 2022. The dividend is payable on June 20, 2022, to shareholders of record as of June 6, 2022. Capital City Bank Group holds approximately $4.3 billion in assets and provides a wide range of banking and financial services across Florida, Georgia, and Alabama.

Positive

• Quarterly cash dividend of $0.16 per share declared.
• Annualized dividend yield of 2.41%, providing income to shareholders.
• Demonstrates company confidence in ongoing profitability.

Negative

• None.

News Market Reaction – CCBG

+1.62%

+1.62% Session move

In the trading session that priced this news, CCBG gained 1.62%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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TALLAHASSEE, Fla., May 26, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $.16 per share. The dividend produces an annualized rate of $.64 per common share and is payable on June 20, 2022 to shareowners of record as of June 6, 2022. The annualized dividend yield is 2.41% based on a closing stock price of $26.52 on May 25, 2022.

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 $4.3 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, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 57 banking offices and 86 ATMs/ITMs 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 declared by CCBG?

CCBG declared a quarterly cash dividend of $0.16 per share.

When is the dividend payment date for CCBG?

The dividend is payable on June 20, 2022.

What is the annualized dividend yield for CCBG?

The annualized dividend yield is 2.41% based on the stock price of $26.52.

What is the record date for the dividend payment?

The record date for the dividend payment is June 6, 2022.