Capital City Bank Group, Inc. Announces Cash Dividend
Capital City Bank Group (NASDAQ: CCBG) has announced a quarterly cash dividend of $0.23 per share on its common stock.
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
Capital City Bank Group (NASDAQ: CCBG) has announced a quarterly cash dividend of $0.23 per share on its common stock. The dividend will be paid on December 23, 2024, to shareholders of record as of December 9, 2024. Based on the closing stock price of $38.35 on November 20, 2024, this represents an annualized dividend yield of 2.40%. The quarterly dividend translates to an annualized rate of $0.92 per common share.
Positive
- Consistent dividend payment maintaining shareholder returns
- 2.40% annualized dividend yield providing steady income to investors
- Quarterly dividend of $0.23 per share indicates financial stability
Negative
- None.
Details
News Market Reaction – CCBG
The recorded move for CCBG in the trading session of this news was +1.77%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TALLAHASSEE, Fla., Nov. 21, 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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