Capital City Bank Group, Inc. Announces Cash Dividend
On May 30, 2024, Capital City Bank Group announced a quarterly cash dividend of $0.21 per share on its common stock, payable on June 24, 2024, to shareholders of record as of June 10, 2024.
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 May 30, 2024, Capital City Bank Group announced a quarterly cash dividend of $0.21 per share on its common stock, payable on June 24, 2024, to shareholders of record as of June 10, 2024. The annualized dividend amounts to $0.84 per share, yielding 3.14% based on a closing stock price of $26.74 on May 29, 2024.
Positive
- Quarterly cash dividend of $0.21 per share declared.
- Annualized dividend rate is $0.84 per share.
- Dividend yield is 3.14% based on recent stock price of $26.74.
- Dividend payable on June 24, 2024, to shareholders of record as of June 10, 2024.
Negative
- No information on revenue or profit figures provided in the announcement.
- No mention of company growth plans or new business developments.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was +0.85%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TALLAHASSEE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of
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:
Jep Larkin
Executive Vice President and Chief Financial Officer
850.402.8450
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