Capital City Bank Group, Inc. Announces Cash Dividend
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.
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, 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.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was +1.62%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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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