Capital City Bank Group, Inc. Announces Cash Dividend
The Board of Directors of Capital City Bank Group declared a quarterly cash dividend of $0.16 per share, translating to an annualized rate of $0.64 per share.
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 declared a quarterly cash dividend of $0.16 per share, translating to an annualized rate of $0.64 per share. This dividend will be payable on March 21, 2022, to shareholders of record as of March 7, 2022. The annualized dividend yield stands at 2.30%, based on a closing stock price of $27.86 on February 23, 2022. Capital City Bank Group, with approximately $4.3 billion in assets, offers a comprehensive range of banking services across Florida, Georgia, and Alabama.
Positive
- Dividend of $0.16 per share announced, indicating confidence in financial health.
- Annualized dividend yield of 2.30% enhances shareholder income.
Negative
- None.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was +3.21%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TALLAHASSEE, Fla., Feb. 24, 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 March 21 to shareowners of record as of March 7, 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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