Capital City Bank Group, Inc. Announces Cash Dividend
On November 18, 2021, Capital City Bank Group, Inc. (NASDAQ: CCBG) announced a quarterly cash dividend of $0.16 per share, resulting in 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
On November 18, 2021, Capital City Bank Group, Inc. (NASDAQ: CCBG) announced a quarterly cash dividend of $0.16 per share, resulting in an annualized rate of $0.64. The dividend is payable on December 20, 2021, to shareholders on record as of December 6, 2021, yielding an annualized rate of 2.31% based on a closing stock price of $27.69 as of November 17. Capital City Bank Group, headquartered in Florida, has around $4.0 billion in assets and provides a variety of banking services across Florida, Georgia, and Alabama.
Positive
- Quarterly cash dividend of $0.16 per share declared, indicating shareholder returns.
- Annualized dividend yield of 2.31%, which signifies attractive income for shareholders.
Negative
- None.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was -1.28%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TALLAHASSEE, Fla., Nov. 18, 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 $.16 per share. The dividend produces an annualized rate of $.64 per common share and is payable on December 20 to shareowners of record as of December 6, 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
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