Capital City Bank Group, Inc. Announces Cash Dividend

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.

News Market Reaction – CCBG

-0.20%

-0.20% Session move

In the trading session that priced this news, CCBG declined 0.20%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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 1.94% based on a closing stock price of $34.97 on November 16, 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 $4.4 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 for CCBG?

The dividend amount declared for CCBG is $.17 per share.

When will the dividend for CCBG be paid?

The dividend is payable on December 19, 2022.

When is the record date for the CCBG dividend?

The record date for the CCBG dividend is December 5, 2022.

What is the annualized dividend yield for CCBG?

The annualized dividend yield for CCBG is 1.94%.