Capital City Bank Group, Inc. Announces Cash Dividend
The Board of Directors of Capital City Bank Group (NASDAQ: CCBG) announced a quarterly cash dividend of $.17 per share, reflecting an annualized rate of $.68.
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 (NASDAQ: CCBG) announced a quarterly cash dividend of $.17 per share, reflecting an annualized rate of $.68. The dividend is set to be paid on December 19, 2022, for shareholders of record as of December 5, 2022. This results in an annualized dividend yield of 1.94%, based on a stock price of $34.97 as of November 16, 2022.
Capital City Bank Group boasts approximately $4.4 billion in assets and offers a comprehensive suite of banking services across Florida, Georgia, and Alabama.
Positive
- Declared a quarterly cash dividend of $.17 per share.
- Annualized dividend yield of 1.94% enhances shareholder income.
Negative
- None.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was -0.20%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TALLAHASSEE, Fla., Nov. 17, 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 $.17 per share. The dividend produces an annualized rate of $.68 per common share and is payable on December 19, 2022 to shareowners of record as of December 5, 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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